(Yield to maturity) A bond's market price is $700. It has a $1,000 par value, will mature in 14 years, and has a coupon interest rate of 9 percent annual interest, but makes its interest payments semiannually. What is the K 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 6.96% (Round to two decimal places.) b. The bond's yield to maturity if it matures in 28 years is % (Round to two decimal places.) c. The bond's yield to maturity if it matures in 7 years is % (Round to two decimal places.)