As you browse opportunities for investment, you come across Tornado Group of Industries, which has some bonds on issue. Based on this information in the table, answer the following questions.

Issuer name	Coupon	Current year	Maturity	Rating Moodys	High	Low	Last	Change
TGI	5.550%	2000	2029	Aa3	96.124%	95.933%	96.124%	0.245%

Questions

1. What is the YTM for this Horsham Industries company bond?

2. What is the coupon yield of this bond over the next year?

3. If your required rate of return for a bond of this risk-class is 6.2 %, what value do you place on this Horsham Industries bond?

4. At the required rate of return of 6.2 % are you interested in purchasing this bond?

5. If you purchased this Horsham Industries bond for $961.24 yesterday and the market rate of interest for this bond increased to 6.0 % today, do you have a gain or loss? How much is that gain or loss in dollars?

(Require in step by step calcualtion process without the excel format)