Question: need help with both please thank you! How much will the coupon payments be of a 15 -year $1,000 bond with a 8.5% coupon rate

payments be of a 15 -year $1,000 bond with a 8.5% coupon need help with both please thank you!

How much will the coupon payments be of a 15 -year $1,000 bond with a 8.5% coupon rate and quarterly payments? A. $21.25 B. $42.50 C. $7.08 D. $85.00 The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 8.5% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10%, then the price that this bond trades for will be closest to: A. $1,088 B. $907 C. $725 D. $1,269

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