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2. (YTM) On 1 August 2015, you are offered the following bond: 0 Face value: $1,000.00 Coupon rate: 6% Coupon payments: Once a year

2. (YTM) On 1 August 2015, you are offered the following bond: 0 Face value: $1,000.00 Coupon rate: 6% Coupon payments: Once a year on 1 August 2002, 2003, ..., 2012 Bond price: $1,252.00 Bond's face value repaid on last coupon date 0

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