1. A 10-year bond pays interest of $27.30 semiannually, has a face value of $1,000 and is selling for $736.98. What are its annual 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).
2. A 11-year bond pays interest of $28.80 semiannually, has a face value of $1,000 and is selling for $731.67. What are its annual coupon rate and yield to maturity?
The annual coupon rate is ___________%. (Round to two decimal places).