Please explain the steps and equations you use

#14 The market price of a semi-annual pay bond is $973.78. It has 11.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the yield to maturity? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) #15 The market price of a semi-annual pay bond is $978.41. It has 10.00 years to maturity and a coupon rate of 5.00%. Par value is $1,000. What is the effective annual yield? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))