Calculate the yield to maturity on the following bonds.

a.	A 9.7 percent coupon (paid semiannually) bond, with a $1,000 face value and 22 years remaining to maturity. The bond is selling at $950. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity

% per year

b.	An 10.2 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $904. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity

% per year

c.	An 9.2 percent coupon (paid annually) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $1,054. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity

% per year