Harpeth Valley Water District has a bond outstanding with a coupon rate of 4.27 percent and semiannual payments. The bond matures in 19 years, with a yield to maturity of 3.79 percent, and a par value of $5,000. What is the market price of the bond?

$5320.91

$5322.96

$5338.17

$5331.15

$5429.42

There is a bond that has a quoted price of 106.818 and a par value of $2,000. The coupon rate is 7.11 percent and the bond matures in 17 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?

4.83%

5.80%

3.04%

3.22%

6.44%