You have just purchased a 15year, $1,000 par value US Government bond for $909.20. The yield to maturity on the bond is 8.6%. What is the coupon rate?

A.

8.6%

B.

9.0%

C.

15.0%

D.

7.0%

E.

7.5%

Acme Inc. just issued a bond with a $10,000 face value and a coupon rate of 7%. If the bond has a life of 30 years, pays semiannual coupons, and the yield to maturity is 9%, what will the bond sell for?

A.

$7,904.45

B.

$7,936.20

C.

$4,349.49

D.

$7,945.27

E.

$10,000

A 9-year bond pays interest of $ 26.10 semiannually, has a face value of $1,000, and is selling for $ 765.85. What are itsannual coupon rate and yield to maturity?

The annual coupon rate is

____%. (Round to two decimal places).

The yield to maturity is

____%. (Round to two decimal places).