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Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 20 years to maturity, and selling for $975. At this price, the

Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 20 years to maturity, and selling for $975. At this price, the bonds yield 8.0 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123)

Grohl Co. issued 28 year bonds 5 years ago at a coupon rate of 3 percent. The bonds make semiannual payments. If the YTM on these bonds is 4 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)

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