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A bond with a face value of $ 1 , 0 0 0 has 8 years until maturity, carries a coupon rate of 8 %
A bond with a face value of $ has years until maturity, carries a coupon rate of and sells for $
a What is the current yield on the bond? Enter your answer as a percent rounded to decimal places.
b What is the yield to maturity if interest is paid once a year? Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
c What is the yield to maturity if interest is paid semiannually? Enter your answer as a percent rounded to decimal places.
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