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What is the price of a 3 -year bond with a 8% coupon rate and face value of $100 ? The bond is trading at

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What is the price of a 3 -year bond with a 8% coupon rate and face value of $100 ? The bond is trading at a yield of 7%. Coupons are paid semi-annually. Assume semi-annual compounding. Round your answer to the nearest cent ( 2 decimal places). What is the yield-to-maturity of a 3-year bond with a coupon rate of 6% and face value of $100 ? Assume the bond is currently trading at a price of $100, and that coupons are paid semi-annually. Assume semi-annual compounding. Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321

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