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u lnelP 08PPesponding to get full credits. Also, please CIRCLE your final labies an er if possible) (40 points) O'Brien Ltd.'s outstanding bonds have a

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u lnelP 08PPesponding to get full credits. Also, please CIRCLE your final labies an er if possible) (40 points) O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their YTM is 9.25%, and their coupon rate is 8.9%, which is paid semiannually. a. What is the bond price today? (20 pts) b. If the bond can be called back by the issuing firm in 10 years at $1,070, what is the yield to call (YTC)? (20 pts)

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