Short Answer/Problems Solve each question to the best of your ability. Partial credit will be given for incorrect answers if you use the methodolog e correct methodology and show your work. Circle your final answer 1. You are purchasing a 10-year bond that matures in 6 years. The bond has a par value of $8,000, coupon rate of 9%, and is selling on the secondary market for S7,500. a. Using the information above, write the equation to find Yield to Maturity for this bond. 3 PV b. Use your financial calculator to solve for the ield to Maturity. : What must have happened to interest ratesto causc thsbond to el at discount 2. You are selling a 20-year coupon bond with a par value of $20,000 and a coupon rate of 10% that has 8 years remaining until it matures. If current interest rates are 12%, a. Calculate the price of your bond on the secondary market ojoo 1 6.12 2X2, 222,72 1- o.l b. Calculate your total return. Did you experience a captal gain or loss