1- A bond has a par value of $1,000, a current yield of 7.07 percent, and semiannual coupon payments. The bond is quoted at 96.49. What is the coupon rate of the bond?

2-A $1,000 face value bond currently has a yield to maturity of 6.03 percent. The bond matures in thirteen years and pays interest semiannually. The coupon rate is 6.25 percent. What is the current price of this bond?

the first part.

A bond has a par value of $1,000, a current yield of 707 percent, and semiannual coupon payments. The bond is quoted at 96.49. What is the coupon rate of the bond? Multiple Choice 0787 707