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Calculate the yield to maturity on the following bonds: L ( G 3 - 2 ) a . A 9 percent coupon ( paid semiannually

Calculate the yield to maturity on the following bonds: L(G 3-2)
a. A 9 percent coupon (paid semiannually) bond, with a $1,000 face value and 15 years remaining to maturity. The l bond is selling at $985.
b. An 8 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $915.
c.An 11 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity. The bond si seling at $1.065.

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