CSM Corporation has a bond issue outstanding that has 15 years remaining to maturity and carries a coupon interest rate of 6%. Interest on the bond is paid on a semiannual basis. The par value of the CSM bond is $1,000, and it is currently selling for $874.42. (Please use excel for calculation)

a. What is the bonds yield to maturity?

b. What would the price be if the yield to maturity were 2% higher than in part a?

c. What would the price be if the yield to maturity were 2% lower than in part a?