$($Yield to maturity$)$ A bond's market price is $$825.$ It has a $$1,000$ par value, will

mature in $14$ years, and has a coupon interest rate of $12$ percent annual interest,

but makes its interest payments semiannually. What is the bond's yield

to maturity? What happens to the bond's yield to maturity if the bond matures in

$28$ years? What if it matures in $7$ years?

a$.$ The bond's yield to maturity if it matures in $14$ years is

decimal places.$)$

b$.$ The bond's yield to maturity if it matures in $28$ years is

decimal places.$)$

c$.$ The bond's yield to maturity if it matures in $7$ years is

decimal places.$)$

$\%.($Round to two

$\%.($Round to two

$\%.($Round to two