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XYZ company's bond with 11 years to maturity is trading for $1008.07. The face value of the bond is $1000 and the yield-tomaturity on this
XYZ company's bond with 11 years to maturity is trading for $1008.07. The face value of the bond is $1000 and the yield-tomaturity on this bond is 6.1%. The coupons on this bond are paid once a year. What is the coupon rate on this bond? Note that the YTM on bonds is quoted using APR method. (Do NOT include the \% sign. Enter your answer as a percent rounded to 2 decimal places, e.g. 12.13) QUESTION 22 ABC company's bond with 5 years to maturity is trading for $1147.83. The face value of the bond is $1000 and the yield-tomaturity on this bond is 14.5%. The coupons on this bond are paid on a semiannual basis. What is the coupon rate on this bond? Note that the YTM on bonds is quoted using APR method. (Do NOT include the \% sign. Enter your answer as a percent rounded to 2 decimal places, e.g. 12.13)
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