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Please show all work and answer clearly! thanks! The following information from the close of trading on November 24, 2010 is for an IBM bond

image text in transcribedPlease show all work and answer clearly! thanks!

The following information from the close of trading on November 24, 2010 is for an IBM bond with a face value of $1,000 and a maturity date of October 22, 2012: Coupon rate: 5.05% Price: $1, 074 Yield to maturity: 1.1% The bond's current yield was %. (Round your response to two decimal places.)

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