S. V. Balachandra purchased Premia Inc.'s 12-year, 1 7/8% bonds 2 years ago. He is considering selling them and noted the current price of the bonds is $98.75 per $100. At this price, the yield to maturity is closest to:

A. 1.9926%.

B. 2.0136%.

C. 2.1399%.

Gibralta Industries is issuing a bond with a 4.50% coupon rate that matures in 10 years. At a yield to maturity of 3.95%, the price per $100 is closest to:

A. $104.51.

B. $104.47. C. $95.61.