Question: Question 10 5 pts Eagle Industries' bonds have a 10-year maturity and a 8.40% coupon paid semiannually. They sell at their $1,000 par value, and
Question 10 5 pts Eagle Industries' bonds have a 10-year maturity and a 8.40% coupon paid semiannually. They sell at their $1,000 par value, and are not callable. What is the effective annual rate (EFF%) for these bonds? Recall that EFF%= (1 + (Nominal Rate ))" - 1 Your answer should be between 7.20 and 9.12, rounded to 2 decimal places, with no special characters. D Question 11 5 pts Pandora Media plans to issue original issue discount (OID) bonds with a 20-year maturity. $1,000 par value, and initial yield to maturity of 8%. Since these bonds are issued below par, the total yield will come from both annual coupon payments and appreciation. If the bonds are offered at a discounted price of $910, what is their nominal coupon rate? That is, at this price, what coupon rate will result in a yield to maturity of 8%? Your answer should be between 5.12 and 8.74, rounded to 2 decimal places, with no special characters
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