Question: A bond with a face value of $ 1 , 0 0 0 has 1 4 years until maturity, has a coupon rate of 7

A bond with a face value of $1,000 has 14 years until maturity, has a coupon rate of 7.6%, and sells for $1,089.
What is the yield to maturity if interest is paid once a year?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.
What is the yield to maturity if interest is paid semiannually?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.

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