A Treasury bond paying an 3.8% coupon rate with semiannual payments currently sells at par value. (Round all your answers to 2 decimal places.) a. What is the bond equivalent yield? % b. What is the effective annual yield on the bond? % A 2-year bond with par value $1,000 making annual coupon payments of $102 is priced at $1,000. (Round all your answers to 2 decimals.) a. What is the yield to maturity of the bond? % b. After one year, you receive the coupon payment of the bond and you are reinvesting it into a 1-year zero coupon bond. You can reinvest it at an interest rate of 5.00%. (Now you have two investments, the remaining ( For Blank 1 the initial bond and the zero coupon bond with one year until maturity.) What is your holding period return (HPR) after two years? %