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Calculate the yield to maturity on the following bonds: a. A 8.8 percent coupon (paid semiannually) bond, with a $1,000 face value and 12 years

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Calculate the yield to maturity on the following bonds: a. A 8.8 percent coupon (paid semiannually) bond, with a $1,000 face value and 12 years remaining to maturity. The bond is selling at $925. b. An 5.9 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $909. c. An 7.9 percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at $1,059. (For all requirements, do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161)) % per year a. Yield to maturity b. Yield to maturity Yield to maturity % per year % per year C

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