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(1 point) Consider a 2-year $1500 par value bond that pays semi-annual coupons at a rate of ?) -6%. Suppose that the bond was purchased

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(1 point) Consider a 2-year $1500 par value bond that pays semi-annual coupons at a rate of ?) -6%. Suppose that the bond was purchased for 51645.00 (a) Use the method of averaged to approximate the effective yield rate compounded semi-annunty, State the result as a percent to 1 decimal place y % compounded semi-annually (b) Complete the chart below by performing 2 iteration of the bisection method to approximate the effective yield rate compounded somianuary (Note: For the initial interval (a(0), 6(0)] use the percentage result yt?) in part() as follows: a(0) = (*) -0.5 and 6(0) (+0,5 TI a(n) (as a %) (m) (as a %) c) (as a %) Plen)) - 1545.60 (6 decimata) 0 1 2 (c) Use the last line in the table above to find the bracket a(3), 6(3)) and the midpoint (3) to approximate the effective yield rate compounded semiauty State the final result as a percent to 4 decimal places. (3) - % compounded semi-annual Note: You Can Am partial credit on this problem (1 point) Consider a 2-year $1500 par value bond that pays semi-annual coupons at a rate of ?) -6%. Suppose that the bond was purchased for 51645.00 (a) Use the method of averaged to approximate the effective yield rate compounded semi-annunty, State the result as a percent to 1 decimal place y % compounded semi-annually (b) Complete the chart below by performing 2 iteration of the bisection method to approximate the effective yield rate compounded somianuary (Note: For the initial interval (a(0), 6(0)] use the percentage result yt?) in part() as follows: a(0) = (*) -0.5 and 6(0) (+0,5 TI a(n) (as a %) (m) (as a %) c) (as a %) Plen)) - 1545.60 (6 decimata) 0 1 2 (c) Use the last line in the table above to find the bracket a(3), 6(3)) and the midpoint (3) to approximate the effective yield rate compounded semiauty State the final result as a percent to 4 decimal places. (3) - % compounded semi-annual Note: You Can Am partial credit on this

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