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A bond with a par value of $1,000 makes semiannual coupon payments of $24. What is its coupon rate? Round to one decimal place. Answer
A bond with a par value of $1,000 makes semiannual coupon payments of $24. What is its coupon rate? Round to one decimal place. Answer in percent. A zero coupon bond with a face value of $1,000 that matures in 5 years sells today for $657. What is the yield to maturity? (Use annual compounding.) A semiannual coupon bond with coupon rate of 5% and face value of $1000 trades at $1050. It matures in 7 years. What is its yield to maturity (YTM)
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