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1. What is the annual yield of a 6-year, 3.4% semi-annual coupon-paying bond priced today at $790? Par is $1,000 Cony or Ex Selec B2

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1. What is the annual yield of a 6-year, 3.4% semi-annual coupon-paying bond priced today at $790? Par is $1,000 Cony or Ex Selec B2 B C 1 $ 2 Coupon 3 Par 4 Cash Flows: 5 Purchase price 6 0.5 7 1.0 8 1.5 9 2.0 10 2.5 11 3.0 12 3.5 13 4.0 14 4.5 15 5.0 16 5.5 17 6.0 18 Yield 19

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