Question: This is the information for the problems 1, 2,3, 4 and 5. Darby Inc.'s bonds currently sell for $900 and have a par value of

This is the information for the problems 1, 2,3, 4 and 5. Darby Inc.'s bonds currently sell for $900 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,020. 1. This bond is a discount bond. a. True b. False 2. What is their yield to maturity (YTM)? a. 5.78% b. 7.64% c. 6.39% d. 6.71% e. 7.05% 3. What is their yield to Call (YTC)? a. 5.78% b. 6.09% c. 6.39% d. 9.43% e. 7.05% 4. What is their Expected Current Yield (CY)? a. 5.78% b. 6.0990 c. 6.3990 d. 7.22% e. 7.05%

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