Fitzgerald's 25?-year bonds pay 8 percent interest annually on a $1,000 par value. If the bonds sell at $935?, what is the? bond's yield to? maturity? What would be the yield to maturity if the bonds paid interest? semiannually?
1. The? bond's yield to maturity if the bond pays interest annually is?
2. The? bond's yield to maturity if the bond paid interest semiannually would be?