Q3 and Q4

3. The 8 percent coupon bonds make annual payments with a YTM of 7.3 percent. The current yield on these bonds is 7.5 percent. How many years do these bonds have left until they mature? 4. An investment offers a total return of 12 percent over the coming year. Janice thinks the total real return on this investment will be only 7 percent. What does Janice believe the inflation rate will be over the next year