5a- Compute the yield to maturity for a zero coupon bond with a maturity of 14 years and a face value of $1000. The bond is selling for $519.52. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34)
5b- Compute the current yield on a bond with a yield to maturity of 10.3%, a par value of $1000, a coupon rate of 6.0% paid semi-annually, a remaining life of 18 years? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.)
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