Redesigned Computers has 6.5% coupon bonds outstanding with a current market price of $600. The yield to maturity is 13.2% and the face value is $1,000. Interest is paid annually. How many years is it until these bonds mature? a.) 9.43 b.) 8.25 c.) 10.83 d.) 12.51

A 12% coupon rate, semiannual payment, $1,000 par value bonds that mature in 25 years. Coupon payments are paid on January 01 and July 01 every year. You purchased the bond on February 01 and received an invoice price of $960. What is the quoted price on February 01? a.) 1,015 b.) 930 c.) 950 d.) 957

*could you write out the steps please*