1. As an investor, you are considering an investment in the bonds of Tu Apellido Company. The bonds, which pay interest semiannually, will mature in ten years and have a coupon rate of 9.4% on a face value of $1,000. Currently, the bonds sell for $1,125. Using another spreadsheet within your Excel worksheet, calculate the following:
   1. If your required return is 11.25% for bonds in this risk class, what is the highest price you would be willing to pay?
   2. What is the current yield on these bonds?
   3. What is the yield to maturity on these bonds if you buy them at the current price?