Calculate the yield to maturity on the following bonds:

a.

A 9.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 18 years remaining to maturity. The bond is selling at $970. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity % per year

b.

An 8.3 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $900. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity

% per year

c.

An 11.3 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity. The bond is selling at $1,050. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity

% per year