Bryceton, Inc. has bonds on the market with 24 years to maturity, a yield-to-maturity of 7 percent, and a current price of $1,015.60. The bonds make semiannual payments. What is the coupon rate?

Global Communications has a 5.5 percent, semiannual coupon bond outstanding with a current market price of $957.05. The bond has a par value of $1,000 and a yield to maturity of 8.16 percent. How many years is it until this bond matures?

Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $1,004. The bonds pay interest annually, mature in 20 years, and have a yield to maturity of 4.98 percent. What is the current yield?