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0/1 pts Question 3 Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 26 years to maturity, and selling for $942.

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0/1 pts Question 3 Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 26 years to maturity, and selling for $942. At this price, the bonds yield 7.9 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123) You Answered 7.4478 Correct Answer 0.0737 margin of error +/- 1% 0/1 pts Question 4 Grohl Co, issued 19 year bonds 3 years ago at a coupon rate of 5 percent. The bonds make semiannual payments. If the YTM on these bonds is 11 percent, what is the current bond price? Enter the answer with 2 decimals le.g. 950.45) You Answered 525.86 Correct Answer 552.87 margin of error +/-0.5%

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