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1. Today, you paid $800 for a 7% annual coupon bond that has 20 years to maturity. What is this bond's current yield? 2.A bond

1. Today, you paid $800 for a 7% annual coupon bond that has 20 years to maturity. What is this bond's current yield?

2.A bond with 10 years to maturity pays an 8% coupon. The bond makes semi-annual payments. If the bond has a YTM of 3%, what is the current price of the bond?

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Question

1. Today, you paid $800 for a 7% annual coupon bond that has 20 years to maturity. What is this bond's current yield? 2.A bond

1. Today, you paid $800 for a 7% annual coupon bond that has 20 years to maturity. What is this bond's current yield? 2.A bond with 10 years to maturity pays an 8% coupon. The bond makes semi-annual payments. If the bond has a YTM of 3%, what is the current price of the bond?

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1. Today, you paid $800 for a 7% annual coupon bond that has 20 years to maturity. What is this bond's current yield?

2.A bond with 10 years to maturity pays an 8% coupon. The bond makes semi-annual payments. If the bond has a YTM of 3%, what is the current price of the bond?