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A 9-year 6.5-percent coupon bond is selling for 104.7 percent of par. What is the bond's market yield if it makes semi-annual coupon payments? (Round

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A 9-year 6.5-percent coupon bond is selling for 104.7 percent of par. What is the bond's market yield if it makes semi-annual coupon payments? (Round answer to 2 decimal places, e.g. 25.79%.) Bond's Market Yield You are considering investing in a 10-year zero coupon bond that compounds interest semiannually. The face value of bond is $1,000. If the current market rate is 6.10 percent, what is the maximum price you should have to pay for this bond? (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 52.75.) Maximum price to be paid

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