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17 (of 18) 10.00 points A newly issued 10-year maturity, 5% coupon bond making annual coupon payments is sold to the public at a price

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17 (of 18) 10.00 points A newly issued 10-year maturity, 5% coupon bond making annual coupon payments is sold to the public at a price of $710. The bond will not be sold at the end of the year The bond is treated as an original issue discount bond a. Calculate the constant yield price (Do not round intermediate calculations. Round your answer to 2 decimal places.) Constant yield priceS b. What will be an investors taxable income from the bond over the coming year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Taxable income

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