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let QUESTION 1 You are looking to invest in a bond and you come across a bond that was issued by Microsoft that has a

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let QUESTION 1 You are looking to invest in a bond and you come across a bond that was issued by Microsoft that has a 3% coupon and matures in 10 years. The price of the bond is $1025. If the bond pays interest annually and has a face of S1000, what would your yield to maturity be for this bond? Please show your answer in percentage terms, rounded to 2 decimal places. Ex 12.45 (do not include the percentage sign -50 12.45% you would answer as 12.45. Please realize that your answer should be between 1.00 and 10.00 juhe ttps

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