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The market price of a semi-annual pay bond is $956.91. It has 19.00 years to maturity and a coupon rate of 5.00%. Par value is

The market price of a semi-annual pay bond is $956.91. It has 19.00 years to maturity and a coupon rate of 5.00%. Par value is $1,000. What is the effective annual yield?

The market price of a semi-annual pay bond is $968.66. It has 13.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity?

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