Question: If you can answer both that will be great A $1,000 par value bond that pays interest annually just paid $59 in interest. What is

If you can answer both that will be great A $1,000

If you can answer both that will be great

A $1,000 par value bond that pays interest annually just paid $59 in interest. What is the coupon rate? Please share your answer as a \%. Question 2 1 pts A 7.04\% coupon, 16-year annual bond is priced at $923. What is the current yield for this bond? Please share your answer as a \%

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