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Please answer all questions Question 1 Assume semi-annual payments. What is the coupon rate for a 21-year bond with a yield of 3.811% and a

Please answer all questions

Question 1

Assume semi-annual payments. What is the coupon rate for a 21-year bond with a yield of 3.811% and a price of $1,000.42?

Question 2

Assume semi-annual payments. What is the coupon rate for A bond? (Note: Becuase you are given "t" do not multiply it by 2 and remember that price quotes are as a percentage of $1000. This means to get the price, move the decimal over 1 place. For example, a price quote of 99.99 is equal to a price of $999.9.)

Bond

Coupon Rate

Yield

Price Quote

t

A

1.547

99

4.338

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