Question
What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a price of $750, if it has a yield to
"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a price of $750, if it has a yield to maturity of 8%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write enter 0.05 as an answer."
"A Company has a bond outstanding with a face value of $10000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 4.9% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the bond is 5%, then the price that this bond trades for will be closest to ________. Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."
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