Problem Set - Chapter 7 Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $964. At this price, the bonds yield 6.7 percent What must the coupon rate be on the bonds? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Coupon rate References Seved Problem Set - Chapter 7 0 West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) points YTM eBook Print References