QUESTION 4 Assume that you are considering the purchase of a 20-year, noncailable bond with an annual coupon rate of 9.5%. The bond has a face value of $1,000, and it makes semiannual interest payments. If you require an 9.5% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? a. S1.140.00 b. 31.010.00 OG $1.000.00 d. 51.220.00 $980.00 e. QUESTIONS Dyl Inc.'s bonds currently sell for $970 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1.100. What is their yield to maturity (YTM)? O a. 6.83% O b.7.92% OC 5.26% d. 5.87% O e. 6.96%