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The market price of a semi-annual pay bond is $971.40. It has 20.00 years to maturity and a yield to maturity of 7.16%. What is

The market price of a semi-annual pay bond is $971.40. It has 20.00 years to maturity and a yield to maturity of 7.16%. What is the coupon rate?

Derek borrows $295,976.00 to buy a house. He has a 30-year mortgage with a rate of 4.97%. After making 136.00 payments, how much does he owe on the mortgage?

Please answer both as it goes for 1 Question on my assignment.

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