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25.)Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13,990. If the yield to maturity of
25.)Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13,990. If the yield to maturity of the bond is 4.9%, what is the coupon rate (in %) of the bond? Round your answer to at least 2 decimal places.
26.)A 4-percent 8-year coupon bond with face value $20,000 is currently selling for $19,300. What is the yield to maturity (in %) of the coupon bond? Round your answer to at least 2 decimal places.
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