Question: Please do not use an online calculator and solve those two questions with explanations and equations. (The answers are given by the way) A bond
Please do not use an online calculator and solve those two questions with explanations and equations. (The answers are given by the way)


A bond is currently priced to yield 7 percent and is selling for 831.10 dollars. If the bond pays semiannual coupon payments, has a $1000 face value, and has 13 years left to maturity, what is the coupon rate for the bond? 3% 4% 5% 6% Suppose Harley Davidson issues a 20 year bond with a face value of $1000, annual coupon rate is 11% and the current price of the bond is $1000. Find the annual yield/discount rate. 10.50% 9.5% 13% 11%
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