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A 1 0 - year maturity bond with par value of $ 1 , 0 0 0 makes semiannual coupon payments at a coupon rate

10 -

year maturity bond with par value of $

1, 000

makes semiannual coupon payments at a coupon rate of

10 % .

Find the bond equivalent and effective annual yield to maturity of the bond for the following bond prices.

(

Round your answers to

2

decimal places.

)

PLEASE DONT USE EXCEL AND FINANCIAL CALCULATOR

(

only formulas

)

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