What is the current yield for a bond that has a coupon rate of 3.9% paid annually, a par value of $1000, and 26 years to maturity? Investors require a return of 7.5% from the bond. (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34) Answer: Check Compute the yield to maturity for a zero coupon bond with a maturity of 15 years and a face value of $1000. The bond is selling for $641.91. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34) LE Answer: Check What is the most we should pay for a bond with a par value of $1000, coupon rate of 4.0% paid annually, and a remaining life of 17 years? The yield to maturity is 4.8%. Assume annual discounting. (Round your answer to the nearest penny.)