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11. If the coupon rate is 6%, the YTM is 7.4% then what would be the semi-annual coupon? A) $60 B) $37 C) $14 D)

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11. If the coupon rate is 6%, the YTM is 7.4% then what would be the semi-annual coupon? A) $60 B) $37 C) $14 D) $74 E) $30 Question 12 (2.5 points) 12. A bond pays a coupon of $120. If the yield to maturity is 15%, then the bond will sell at a If the yield to maturity is 13%, then the bond will sell at a A) discount; discount B) premium; premium C) discount; premium D) premium; discount E) par value: premium

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