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Intro A Treasury coupon bond has 5-year to maturity with a face value of $1,000 and a current market price of $946.58. The bonds pay

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Intro A Treasury coupon bond has 5-year to maturity with a face value of $1,000 and a current market price of $946.58. The bonds pay coupon annually and have a yield to maturity of 4 percent. Jake just purchased the bond at the current market price. Part 1 | Attempt 1/3 for 10 pts. What is the coupon rate? 2.8% Correct Part 2 Attempt 1/3 for 10 pts. Suppsoe a year later, Jake pockets in the first coupon and immediately sell the bond. As a result, he earns 6% for that one year. How much does he sell the bond for? 0+ decimals Submit

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