ROESTTON 21 Myriam is considering purchasing a 20-year bond that is selling for $983. The bond can be called in 4 years at 103. What is the YTC for this bond if it has a 4 % coupon, paid semiannually? a. 5.18% b. 5.16% c. 4.99% d. 4.13% QUESTION 22 Assume that a bond has an 86 coupon, paid annually, is priced to have a YTM of 10%. What would happen to the YTM if the price and the other bond characteristics remained the same, except that the coupon payments were paid semi-annually instead of annually? a. The YTM would increase above 10 % b. The YTM would remain 10%. c. The YTM would decrease below 10% d. It cannot be determined without knowing the price of the bond