Q.2 (10 marks) The Great Northern Specific Railway has noncallable, Coupon bonds outstanding. When originally issued, these bonds were sold for $955 per bond; today (January 1) their current market price is $1,120 per bond. The company pays a semiannual interest payment of $45 per bond on June 30 and December 31 each year. They have a $1,000 par value and mature in 10 years. Required: 1. Determine the implied semiannual yield to maturity (YTM) on these bonds. (7 marks) 2. What is the (nominal annual) YTM on these bonds? The effective annual) YTM on these bonds