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What is the most we should pay for a bond with a par value of \$1000, coupon rate of 6.6% paid annually, and a remaining life of 22 years? The yield to maturity is 7.9%. Assume annual discounting. (Round your answer to the nearest penny.)

Compute the yield to maturity for a zero coupon bond with a maturity of 10 years and a face value of \$1000. The bond is selling for \$679.70. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34)

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Calculate the yield to maturity (i.e., YTM) for the following bond. The bond matures in 22 years, has a coupon rate of 8.0% with semi-annual payments. The par value of the bond is \$1000, while the current market value equals \$845.93. (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)

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