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You own a bond that pays $100 in annual interest, with a $1,000 par value. It matures in 20 years, 1) What is the coupon

You own a bond that pays $100 in annual interest, with a $1,000 par value. It matures in 20 years, 1) What is the coupon rate of the bond? 2) If the yield to maturity is 8%, what is the bond's current 1 yield? 12%:8.94% 10%;8.36% 8.94% 12% 10%;10%

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