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Assume a face value $1,000, Assume semiannual 1. A corporate bond was issued on November 1, 2018. It matures on November 1, 2043. On November

Assume a face value $1,000, Assume semiannual

1. A corporate bond was issued on November 1, 2018. It matures on November 1, 2043. On November 1, 2020, the bond sold for $1136. The yield to maturity was 2.56%.

a) What is the coupon rate on this bond?

b) Is this bond selling at par, premium or discount?

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