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a) You are looking at a 10-year zero-coupon bond that has a yield to maturity of 2.9% . What is the value of the bond?

a) You are looking at a 10-year zero-coupon bond that has a yield to maturity of 2.9% . What is the value of the bond? Assume semi-annual compounding.

b) A bond pays a coupon of $52 twice a year. What is the coupon rate? Answer as a percent.

c) What is the coupon rate for the bond? Assume semi-annual payments. Answer as a percent!

Bond

Coupon Rate

Yield

Price

t

Apple B

?

3.9%

$990.90

15

Please answer all three parts. thank you

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