What must be the price of a $5,000 bond with a 6.2% coupon rate, semiannual coupons, and five years to maturity if it has a yield to maturity of 9% APR?

A. $3557

B.

$5,335

C.

$4,446

D.

$6,225

2). What is the coupon rate of a nine-year, $5,000 bond with semiannual coupons and a price of $3,998.65, if it has a yield to maturity of 8%?

A.

6.77%

B.

3.869%

C.

4.836%

D.

5.803%