You purchased a $1,000 bond with a 4.6% semi-annual coupon and 15 years to maturity six years ago at a price of $865. If the yield has remained constant, what should be the price of the bond today? A. $959.46 B. $601.31 C. $905.32 D. $900.24

Three years ago you purchased a $1,000 par 12-year bond with a 3.5% semi-annual coupon at a price of $875. If the current price is $965, what is the yield to maturity of the bond today?

A. 4.89% B. 3.97% C. 3.17% D. 5.26%