Question: Really need help with these last 2 questions please and thank you! The market price of a semi-annual pay bond is $976.75. It has 26.00
Really need help with these last 2 questions please and thank you!
The market price of a semi-annual pay bond is $976.75. It has 26.00 years to maturity and a yield to maturity of 7.48%. What is the coupon rate? Submit Answer format: Percentage Round to: O decimal places (Example: 9% % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) B Derek borrows $286.073.00 to buy a house. He has a 30-year mortgage with a rate of 4 84%. After making 108.00 payments, how much does he owe on the mortgage? Suomi Answer format: Currency: Round to 2 decimal places
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