A 10 -year bond pays interest of $28.50 semiannually, has a face value of $ 1000...

Question

Question

A 10 -year bond pays interest of $28.50 semiannually, has a face value of $ 1000

and is selling for $ 837.51

What are its annual coupon rate and yield to maturity?

The annual coupon rate is _____%

(Round to two decimal places).

The yield to maturity is ____%

(Round to two decimal places).

business finance

Answer 1

Answer #1

Answer 2

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