Consider the case of a two-year discount bondthat is, a bond that pays no coupon and pays its face value after two years rather than one year. Suppose the face value of the bond is $1,000, and the price is $810. What is the bond's yield to maturity? The bond's yield to maturity is 11%. (Round your response to two decimal places.) [Related to Solved Problem 3.3] For each of the following situations, choose the equation needed to calculate the yield to maturity. You do not have to solve the equations for i, just choose the appropriate equations. A simple loan for $480,000 that requires a payment of $540,000 in two years. OA. 480,000 = 540,000 X (1-12 540,000 OB. 480,000 = - O C. 480,000 = 540,000 xi 540,000 OD. 480,000 = (1 +1)? Suppose that you just bought a four-year $1,000 coupon bond with a coupon rate of 5% when the market interest rate is 5%. You sell the bond one year later after the market interest rate falls to 3%. The rate of return earned on the bond during the year was 7.923 %. (Round your response to two decimal places.) When will the real interest rate differ from the expected real interest rate? O A. There will be a difference between the real interest rate and the expected real interest rate when future inflation is unknown. B. The real interest rate and the expected real interest rate will not differ. C. There will be a difference between the real interest rate and the expected real interest rate when previous inflation rates are known. D. None of the above