7 10 Two questions, thank you! Please use a calculator to make sure your answers are correct! Thank you! I'll give it a thumbs up!

Assignment 11: Problem 7 Previous Problem Problem List Next Problem (1 point) Terry buys a bond on January 9, 2015 (coupon date) for $77000. If the yield rate is j = 11.2%, how many days will it take for the dirty price to be at least $77130.1. Answer: Assignment 11: Problem 10 Previous Problem Problem List Next Problem (1 point) Determine the yield rate j2 using linear interpolation, by first finding an approximate yield using method of averages and then using the next lowest and highest whole percent in linear interpolation. (i.e. if using method of averages you find j2 = 5.27%, then use j2 = 5% and j2 = 6% for linear interpolation) Face Value Redemption at Bond Interest Years to Redemption Purchase Price 7000 j2 = 9.5% 7700 102 10 Answer: %