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Question 9 A 7.28 percent semiannual coupon bond has face value of $1,000 and 8.5 years to maturity. The bond is currently priced at $1,053.66.

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Question 9 A 7.28 percent semiannual coupon bond has face value of $1,000 and 8.5 years to maturity. The bond is currently priced at $1,053.66. Calculate the yield to maturity of the bond. 3.23 percent 6.45 percent O 3.43 percent 6.86 percent Question 10 A firm plans to raise $100 million by issuing 20-year, 6.20 percent semiannual coupon bonds with face value of $1,000 and yield to maturity of 5.18 percent. What is the minimum number of these bonds the firm needs to sell to achieve its objective? 94,216 88,802 91,745 83,172

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