Great Wall Pizzeria issued 4-year bonds one year ago at a coupon rate of 5.8 percent. If the YTM on these bonds is 7.8 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Price

$

May Industries has a bond outstanding that sells for $901. The bond has a coupon rate of 8.40 percent and 17 years until maturity. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Yield to maturity

%