Question: Eastpac Bank quotes the interest rate on a savings deposit account at 13.5% compounded monthly. What is an equivalent APR with weekly compounding? |:| %

Eastpac Bank quotes the interest rate on a savings deposit account at 13.5% compounded monthly. What is an equivalent APR with weekly compounding? |:| % (Give answer to 2 decimal places) Suppose a fiveyear, $1, 000 bond with annual coupons has a price of $872.83 and a yieldtomaturity of 5.5%; What is the bond's coupon rate? The band's coupon rate is |:| %. (Round to two decimal places.)

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