Question: Please solve step by step all the sections that need to be answered in the question. County Corp. issued bonds that have 4.5 percent coupon

Please solve step by step all the sections that need to

Please solve step by step all the sections that need to be answered in the question.

County Corp. issued bonds that have 4.5 percent coupon rate. Maturity is 11 years. Price is $889. What is the yield to maturity and current yield? a. Expected rate of return %. (Round to two decimal places.) b. Current yield %. (Round to two decimal places.)

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