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Question 1(8min) You are looking at buying a bond that matures in 10 years and pays a coupon rate of 5.4%. The bonds make semi-annual

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Question 1(8min) You are looking at buying a bond that matures in 10 years and pays a coupon rate of 5.4%. The bonds make semi-annual payments. If the YTM on these bonds is 5.8%, will you be buying them at a premium or at a discount? How much will you pay for the bond? Question 2(8min) A company issued bonds 12 -year bonds a year ago at a coupon rate of 7.2%. The bonds make semi-annual payments. If the YTM on these bonds is 6.8%, do you expect them to sell at a premium or at a discount? What is the current bond price

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