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please help need it asap One year ago, Josh bought a new 5-year bond at $1,000. This bond has a coupon rate of 8% and
please help need it asap
One year ago, Josh bought a new 5-year bond at $1,000. This bond has a coupon rate of 8% and pays interest annually. The market interest rate is 11.24% now and he sells the bond. The current yield of his 1-year investment is closest to %. \begin{tabular}{|r|} \hline 10 \\ \hline 8 \\ \hline 6 \\ \hline 12 \\ \hline \end{tabular} Question 2 (1 point) Three years ago, Intel Corp. sold a 10-year, 10\%-coupon bond. If the bond sells at $1,225.92 now, the yield-to-maturity of this bond is closest to % 6 3 9 12 Step by Step Solution
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