1. A Treasury bond has a 3.4 percent coupon, a quoted price of 101:06, and 9 years to maturity. What is the yield to maturity?

4.03 percent

3.25 percent

5.92 percent

3.93 percent

4.90 percent

2. A $5,000 face value municipal bond matures in 6 years and has a market value of $5,110. The coupon rate is 3.5 percent with interest paid semiannually. What is the yield to maturity?

2.92 percent

3.73 percent

6.38 percent

3.10 percent

5.13 percent