P9-7 (similar to) Question Help (Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,175 for a 9-year bond ($1.000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bond’s yield to maturity? The bond’s yield to maturity is %. (Round to two decimal places)

P9-8 (similar to) 15 Question Help Help (Yield to maturity) A bond’s market price is $750. It has a $1,000 par value, will mature in 12 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 24 years? What if it matures in 6 years? a. The bond’s yield to maturity if it matures in 12 years is % (Round to two decimal places.)