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Q41- This Question has two parts. Par A- Face value $1,000; market price,$900; term to maturity 9 years;yield to maturity 4.5% per annum; annual coupons.What

Q41- This Question has two parts.

Par A- Face value $1,000; market price,$900; term to maturity 9 years;yield to maturity 4.5% per annum; annual coupons.What is the coupon rate? Show answer as a percentage, correct to 2 decimal places.

Part- B- Face value, $1,000: market price $900, term to maturity , 9 years; yield to maturity, 4.5% per annum (nominal rate);half-yearly coupons;What is the coupon rate? Show answer as a nominal percentage annual rate,correct to 2 decimal places.

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