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Question 9 (1) A stock is a debt security that promises to make payments periodically for a specified period of time. (II) A bond is

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Question 9 (1) A stock is a debt security that promises to make payments periodically for a specified period of time. (II) A bond is a security that is a claim on the earnings and ownership of a corporation. OA (1) is true, (II) false Both are true. OB oc (1) is false, (II) true. Both are false Question 10 5 points A 5-year $1,000 face value coupon bond is currently sold at $95. Assume the yield to maturity of this coupon bond is 8.21% and the coupon bond pays the Interest payment annually What is the annual coupon rate of the bond? Please round your answer to the fourth decimal Eg 0.1234

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