Question: need help with these 2 A bond makes annual coupon payments of $95. The 10- year bond was issued 2 years ago and now has
need help with these 2

A bond makes annual coupon payments of $95. The 10- year bond was issued 2 years ago and now has an 8-year term to maturity. What was the market rate when the bond was first issued? Assume a par value of $1,000. O 10.53% O 9.5% O 0.10% O 7.86% A bond with 12 years to maturity has a price of $995 and an annual coupon rate of 10%. What is the bond's yield to maturity? O 10% O 10.07% O 0.10% 10.53%
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