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help with the two question .if you cnat attempt the two let someone else do, i will thumbs down Question 1 O out of 10
help with the two question
.if you cnat attempt the two let someone else do, i will thumbs down
Question 1 O out of 10 points Six months ago, Fred bought a bond for $1360.00. The price of the bond is currently $1363.49. The bond has a face value of $2000 and a coupon rate of 7.27% and it pays X semi-annual coupons, with the most recent coupon having just been paid. What were Fred's percentage return over the past 6 months (from 6 months ago to today)?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: [None Given] Correct Answer: 5.6 Answer range +/- 0.0112 (5.5888 -5.6112) Question 2 0 out of 10 points Bonds issued by Patriot Theaters were priced at $972.00 twelve months ago and 5960.00 six months ago and are priced at $993.40 today. The bonds have a face value of $1000, pay semi-annual coupons, and just made a coupon payment. The bonds had a percentage return over the past six months (from 6 months ago to today) of 9.00%. What is the coupon rate of the bonds?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.5596, enter 8.55) Selected Answer: [None Given) Correct Answer: 10.6 Answer range +/- 0.0212 (10.5788 - 10.6212)Step by Step Solution
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