All bonds are semi-annual. All yield measures are stated as annual percentage rates. You must show your work.

7. What is the YTM of a 10 year 6% bond that is currently selling for $940? 8. What is the YTM of a 7.5 year 12% bond that is currently selling for $1100? 9. What is the yield to call (YTC) of a 30 year 6% bond selling for $940? The call deferment period for the bond is 10 years.

PLEASE SHOW ALL WORK