Choose + A $5,000,000 issue of 10-year bond redeemable at par offers 8.3% coupons payable semi-annually. To find the purchase price of the bond to yield 75% compounded monthly, you need to answer the following questions and choose the closest answer from the possible choices following each question What is the market yield of the bond? What is the coupon rate (or bond rate) of the bond? Which rate over each payment interval do you use for calculating the purchase price manually using the formula approach? (Express in percentage with four decimal places i.e., .0001%) What is the purchase price of the bond? Choose This is a bond selling at (choose from "par," "a premium," or "a discount") Choose Choose Choose +