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A 2-year bond with par value $1,000 making annual coupon payments of $70 is priced at $1,000. a. What is the yield to maturity of

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A 2-year bond with par value $1,000 making annual coupon payments of $70 is priced at $1,000. a. What is the yield to maturity of the bond? (Round your answer to 1 decimal place. Omit the "%" sign in your response.) Yield to maturity 5.25 bolnts b. What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (a) 5%, (b) 8%, (c) 11%? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "%" sign in your response.) Skipped Realized YTM eBook 11% Print References

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