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Q27) You bought a 14.0-year, 6.59% semi-annual coupon bond today and the current market rate of return is 5.99%. The bond is callable in 4.0

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Q27) You bought a 14.0-year, 6.59% semi-annual coupon bond today and the current market rate of return is 5.99%. The bond is callable in 4.0 years with a $97.00 call premium. What price did you pay for your bond? (2.0 points) Q28) A 8.59% coupon, 23.0-year annual bond has a yield to maturity of 8.79%. Assuming the par value is 1,000 and the YTM does not change over the next year, Compute the following: a) Price of the bond today (1 point): b) Price of the bond in one year (1 point): c) Capital gains yield (1 point): d) Current Yield (1 point)

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