$1$

Return to question

The Pioneer Petroleum Corporation has a bond outstanding with an $$80$ annual interest payment, a market price of $$900,$ and a maturity date in four years. Assume the par value of the bond is $$1,000.$

$10$ Find the following: $($Do not round intermediate calculations. Input your answers as a percent rounded to $2$ decimal places.$)$ points

$\backslash$table$[[$X Answer is not complete.$],[,,,,],[$a$.,$Coupon rate,$8\mathrm{.}00,\%,],[$b$.,$Current yield,$8\mathrm{.}89,\%,],[$c$-,\backslash$table$[[$Approximate yield to$],[1.],[$maturity$]],,\%,],[$c$-,$Exact yield to maturity,$11\mathrm{.}24,\%,],[2.,,,,]]$