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Calculate the yield to maturity on the following bonds: a. A 9.1 percent coupon (paid semiannually) bond, with a $1,000 face value and 16 years

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Calculate the yield to maturity on the following bonds: a. A 9.1 percent coupon (paid semiannually) bond, with a $1,000 face value and 16 years remaining to maturity. The bond is selling at $980. b. An 8.1 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $910. c. An 11.1 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity The bond is selling at $1,060. (For all requirements, do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161))

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