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(Yield to maturity) Fazgerald's 30 year bonds pay 11 percent interest annually on a $1,000 par value. If the bonds sell at 5905, what is

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(Yield to maturity) Fazgerald's 30 year bonds pay 11 percent interest annually on a $1,000 par value. If the bonds sell at 5905, what is the bond's yield to matunty? What would be the old to maturity if the bonds paid interest semiannually? Explain the difference a. The bonds yeid to maturity it the bond pays interest annwally is % (Round to three decimal places)

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