Questions and Problema 1. Consider two bonds, each with a $1,000 face value and each with three years 1. The finu hond la pure-discount bond that currently sells for $816.30. What is lus yield-to-maturity? The second bond currently sells for $949.37 and makes annual coupon ments at a rate of 7% (that is, it pays 570 in interest each year). The first inter est payment is due one year from today. What is this bond's yield-to-maturily