Question: Can someone type out how they got this answer please im very confused. Thank you Question 1 O out of 10 points Bonds issued by

Can someone type out how they got this answer please im very confused. Thank you

Can someone type out how they got this answer please im very

Question 1 O out of 10 points Bonds issued by Patriot Theaters were priced at $972.00 twelve months ago and $981.00 six months ago and are priced at $990.27 today. The bonds have a face value of $2000, pay semi-annual coupons, and just made a coupon payment. X The bonds had a percentage return over the past six months (from 6 months ago to today) of 8.00%. What is the coupon rate of the bonds?(round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: 3.23 Correct Answer: 6.92 Answer range +/- 0.01384 (6.90616-6.93384) Question 2 O out of 10 points Six months ago, Fred bought a bond for $1325.00. The price of the bond is currently $1364.04. The bond has a face value of $2000 and a coupon rate of 7.28% and it pays semi-annual coupons, with the most recent coupon having just been paid. What were Fred's percentage return over the past 6 months (from 6 months ago to today)?(round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55) Selected Answer: 4.92 Correct Answer: 8.44 Answer range +/- 0.01688 (8.42312 - 8.45688)

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