Assume that you wish to buy a bond with 3 years to maturity, with a par value of $1,000, and a coupon rate of 22.9%. Assume semi-annual payments. If the yield to maturity (YTM) is 20.25%, what is today's price of this bond?

A 6% semiannual coupon bond maturing in 4 years with a par value of $100 is trading at $90. Calculate the yield to maturity.

5.41%

6.18%

8.50%

9.03%