Suppose you were offered a 12 year, 15 coupon, $1,000 par value bond at a price of $1,298 68 What rate of interest (yield to maturity) would you earn if you bought the bond and held it to maturity (at semiannual interest) ...

Given Par value 1000 coupon rate 15 or ...

Suppose you were offered a 12-year, 15% coupon, $1,000 par value bond at a price of $1,298.68.

Question:

Suppose you were offered a 12-year, 15% coupon, $1,000 bond at a price of $1,298.68. What rate of interest (yield to would you earn if you bought the bond and held it to (at semiannual interest)?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...