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Intro A bond has a 12% coupon rate with semi-annual coupons and matures in 10 years. The bond has a $1,000 face value and a

Intro A bond has a 12% coupon rate with semi-annual coupons and matures in 10 years. The bond has a $1,000 face value and a current yield of 13.42%. Attempt 1/5 for 10 pts. Part 1 What is the bond's price? 894.2 Correct Annual coupon Current yield = Current price Annual coupon Current price = Current yield 120 0.1342 894.06 Part 2 Attempt 1/5 for 10 pts. What is the bond's yield to maturity? Enter your answer as a decimal. 3+ decimals Submit

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