On October 1, 2014, Koala, Inc. issued a 10 year bond (with a typical $1000 face value) that had an annual coupon value of $65 (redeemable on Oct. 1^st each year). Initially, the bond was sold at a discounted price of $978. On October 2, 2019, this bond was selling for $1,035.

1. What was the nominal yield on this bond on October 1, 2014?

2. What was the current yield on this bond on October 1, 2014?

3. What is the nominal yield on this bond on October 2, 2019?

4. What is the current yield on this bond on October 2, 2019?

5. What is the yield to maturity for this bond on October 2, 2019?

[For #5, use a financial calculator, or excel, or web calculator or trial and error.]