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1.A 7-year bond sells for $942 and has a yield of 13%. What is the coupon rate? Answer: 2.A bond that sells for $942 has

1.A 7-year bond sells for $942 and has a yield of 13%. What is the coupon rate?

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2.A bond that sells for $942 has a yield of 9.5% and 14 years to maturity. What is the coupon rate?

3.A 2.375% coupon bond sells for $989.43 when yields are 2.5%. How many years to maturity does the bond have? Enter up to 3 decimal places.

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