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2. Company 8 had issued 10-year bonds two years ago at the coupon rate 55%. The bond makes payments. The yield to maturity (YTM) of

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2. Company 8 had issued 10-year bonds two years ago at the coupon rate 55%. The bond makes payments. The yield to maturity (YTM) of these bonds is 4% The face value of the bond 1000 a) What is the coupon payment each year? b) Calculate the current bond price. Is this a premium or a discount bond? Explain. oowfoundt, ULLT Edit More

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