Question: Please show your calculations step by step. The coupon bond issued by the company Big Star on Nov. 21st, 2019 has a face value of

Please show your calculations step by step.

The coupon bond issued by the company "Big Star" on Nov. 21st, 2019 has a face value of $100 and a coupon rate of 5%. The maturity date is Nov. 20th 2021. Assume that there is no risk of default. Please answer the following two questions:

1. The market price for this coupon bond on the issue date is $105. Please compute the Yield of Maturity (YTM).

2. The market price for this coupon bond on the issue date is $85. Please compute the YTM.

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