Fish Company bonds have a face value of $1,000 and are currently quoted at 98.4% of par. The bonds pay $60 annually. What is the current yield on these bonds?

Question 3 options:

	7.20%
	6.71%
	6.95%
	6.52%
	6.10%

Orca Industries' 5.75% bonds currently sell for $1,370.54. They mature in 24 years and have a par value of $1,000. If these bonds pay interest semiannually, what is the yield to maturity?

Question 4 options:

	3.67%
	3.01%
	3.95%
	3.46%
	3.78%