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Consider a bond that has a price of $1065.15, a coupon rate of 8.4%, a yield to maturity of 7.8%, a face value of $1000,
Consider a bond that has a price of $1065.15, a coupon rate of 8.4%, a yield to maturity of 7.8%, a face value of $1000, and 25 years to maturity. What is the current yield? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES. What is the price of a bond with a coupon rate of 5%, payable semi-annually, a face value of $1000, 12 years to maturity, and a yield to maturity of 4.1%? Enter your response below. Enter your answer to 2 DECIMAL PLACES
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