Problem 14-7 Treasury bonds paying an 11.0% coupon rate with semiannual payments currently sell at par value. What coupon rate would they have to pay in order to sell at par if they paid their coupons annually? (Hint: What is the effective annual yield on the bond?) (Round your answer to 2 decimal places.) Effective annual yleld Problem 14-15 A government bond with a coupon rate of 4 % makes semiannual coupon payments on January 11 and July 11 of each year. The Wall Street Journal reports the asked price for the bond on January 26 at $1,004.6875. What is the invoice price of the bond? The coupon period has 182 days. (Round your answer to 2 decimal places.) Invoice price