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Remaining Time: 1 hour, 28 minutes, 52 seconds. Question Completion Status: QUESTION 9 A coupon bond that pays Interest of $40 annually has a par

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Remaining Time: 1 hour, 28 minutes, 52 seconds. Question Completion Status: QUESTION 9 A coupon bond that pays Interest of $40 annually has a par value of $1000, matures in 3 years, and is selling today at a 565 premium from par value. The yield to maturity on this bond is Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05

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