The 6 percent bonds issued by Modern Kitchens pay interest semiannually, mature in eight years, and have a $1,000 face value. Currently, the market price per bond is $926.83.What is the yield to maturity for these bonds?

World Travel has semiannual coupon bonds outstanding with a current market price of $1,023.46, a par value of $1,000, and a yield to maturity of 6.72 percent. The bonds mature in 12.5 years. What is the coupon rate?