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A 15-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 6%. a. Find the bond equivalent and effective

A 15-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 6%.

a.

Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $940. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)

Bond equivalent yield to maturity %
Effective annual yield to maturity %

b.

Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,000.(Do not round intermediate calculations.Round your answers to 2 decimal places.)

Bond equivalent yield to maturity %
Effective annual yield to maturity %

c.

Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,040.(Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)

Bond equivalent yield to maturity %
Effective annual yield to maturity

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