QUESTION $20$

Find the Yield$-$to$-$Maturity $($YTM$)$ for the bond that has following parameters.

Coupon Rate: $6\mathrm{.}4$ percent

Time to Maturity: $10$ years

Coupon payment frequency: $2-$times a year

Price of the bond: $90$ percent of the face value

question will not change and is independent of the face value you assume for this problem. If you are confused, you can simply assume the face value to be $$1000$ and proceed.

$($Do NOT include the $\%$ sign. Enter your answer as a percent rounded to $2$ decimal places, e$.$g$.12\mathrm{.}13)$

QUESTION $21$

once a year. What is the coupon rate on this bond? Note that the YTM on bonds is quoted using APR method.

$($Do NOT include the $\%$ sign. Enter your answer as a percent rounded to $2$ decimal places, e$.$g$.12\mathrm{.}13)$

QUESTION $22$

are paid on a semiannual basis. What is the coupon rate on this bond? Note that the YTM on bonds is quoted using APR method.

$($Do NOT include the $\%$ sign. Enter your answer as a percent rounded to $2$ decimal places, e$.$g$.12\mathrm{.}13)$