Problem 46.8 I Dan purchases a 1000 par value 10-year bond with 9% semiannual coupons for 925. He is able to reinvest his coupon payments at a nominal rate of 7% convertible semiannually. Calculate his nominal annual yield rate convertible semiannually over the ten-year period. (3) 46.8 Change purchase price to $950, coupon rate to 6%, and reinvestment rate to 7%. What is Dans nominal annual yield rate (convertible semiannually) over the ten-year period