$8)$ A bond is selling for $$1029.$ The coupon rate is $7\mathrm{.}8\%.$ It has $18-$years till maturity, with semi$-$annual

compounding. What is the yield$-$to$-$maturity $($YTM$)?$

$9)$ For the bond in problem $8,$ what are the capital$-$gains yield and the current$-$yield?

$10)$ For the bond in problem $8,$ calculate the realized compound yield $("$RCY$")$ with a re$-$investment rate of

$9\%.$ What problem does the RCY correct and why is this important? If the investor believes interest rates are

going to increase, is this a good bond choice? Think Price$/$Yield curve.