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9. Calculate the coupon rate for the bond if the bond has 16 years to maturity a par value of $1000 and makes annual coupon

9. Calculate the coupon rate for the bond if the bond has 16 years to maturity a par value of $1000 and makes annual coupon payments. The price of the bond is $1051

10. AVC company issued a 15 year bond one year ago at a coupon rate of 8.5 %. The bond makes semiannual payments if YTM is 7.90% par value is $1000 . What is the current dollar price?

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