Problem Walk-ThroughProblem Walk-ThroughProblem Walk-ThroughProblem Walk-ThroughProblem Walk-ThroughProblem Walk-ThroughProblem Walk-Through Problem Walk-ThroughProblem Walk-ThroughProblem Walk-ThroughProblem Walk-Through Problem 7-3 Bond valuation Nungesser Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 19 years to maturity, and an 8% YTM. What is the bond's price? Round your answer to the nearest cent. $ 5. Problem 7-4 Yield to maturity A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 7 years at $1, 227, and currently sell at a price of $1,391.23. a. What is their nominal yield to maturity? Round your answer to two decimal places. % b. What is their nominal yield to call? Round your answer to two decimal places. % c. What return should investors expect to cam on these bonds? I. Investors would expect the bonds to be called and to cam the YTC because the YTM is less than the YTC. II. Investors would expect the bonds to be called and to cam the YTC because the YTC is greater than the YTM. III. Investors would not expect the bonds to be called and to cam the YTM because the YTM is greater than the YTC. IV. Investors would not expect the bonds to be called and to cam the YTM because the YTM is less than the YTC. V. Investors would expect the bonds to be called and to cam the YTC because the YTC is less than the YTM