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A bond with a face value of $1,000 has 14 years until maturity, has a coupon rate of 6.6%, and sells for $1,079. a. What
A bond with a face value of $1,000 has 14 years until maturity, has a coupon rate of 6.6%, and sells for $1,079. a. What is the current yield on the bond? (Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Current yield 6.10 % 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 4 decimal places.) c. What is the yield to maturity if interest is paid semiannually? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) X Answer is complete but not entirely correct. Yield to maturity 3.0900 X %
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