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A bond with a maturity of 12 years sells for $1,093. If the coupon rate is 7.3 percent, what is the yield to maturity of
A bond with a maturity of 12 years sells for $1,093. If the coupon rate is 7.3 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
A bond has a coupon rate of 8.1 percent and 5 years until maturity. If the yield to maturity is 11.3 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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