Question $14$

$1$ pts

A $10\%$ coupon bond maturing in $10$ years that requires annual payments is expected to make all coupon payments but to pay only $50\%$ of par value at maturity. What is the expected yield on this bond if the bond is purchased for $$975?$

$6\mathrm{.}68\%$

None of the options are correct.

$10\mathrm{.}00\%$

$11\mathrm{.}00\%$

$8\mathrm{.}68\%$

Question $15$

A coupon bond is reported as having an ask price of $108\%$ of the $$1,000$ par value in the Wall Street Journal. If the last inter payment was made one month $(30$ davc$)$