A $1,000 par value bond has a current price of $911.02 and a maturity value of $1,000 and matures in 5 years. If interest is paid semiannually and the bond is priced to yield 8%, what is the bond's annual coupon rate? The bond's annual coupon rate is \%. (Round to three decimal places.) Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $984. What would be your bond equivalent yield if you sold the bond for current market price of \$1,048? Your bond equivalent yield, if you sold the bond for current market price, is \%. (Round to two decimal places)