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1.Find the yield to maturity for Apple's 10-year bond issued in 2013. Isolate its coupon rate. Comment on the frequency and the amount Apple pays

1.Find the yield to maturity for Apple's 10-year bond issued in 2013. Isolate its coupon rate. Comment on the frequency and the amount Apple pays its 10-year bondholders each year?

This is what I am given:

Fixed rate. 2.4% (notes due in 2023 - I'm assuming this represents the 10-year bonds)

Amount (in millions): $55,000

Interest rate: 2.44%

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