Question: Question 18 2 pts What is the current yield of a bond with a 8% coupon paying interest annually, 8 years until maturity, a face
Question 18 2 pts What is the current yield of a bond with a 8% coupon paying interest annually, 8 years until maturity, a face value of $1,000, and a current price of $977? (Enter your percentage answer as a number rounded to 2 decimal places. For example: enter 15.25% as 15.25) Question 19 2 pts What is the Effective Annual Rate (EAR) on a deposit account with a stated Annual Percentage Rate (APR) of 7.4% and monthly compounding? (Enter your percentage answer as a number rounded to 2 decimal places. For example: 15.25% would be entered as 15.25)
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