A bond with a face value of $1,000 has 14 years until maturity, carries a coupon rate of 6.6%, and.. 1 answer below »

A bond with a face value of $1,000 has 14 years until maturity, carries a coupon rate of 6.6%, and sells for $1,079.

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a.

What is the current yield on the bond? (Enter your answer as a percent rounded to 2 decimal places.)

 

b.

What is the yield to maturity if interest is paid once a year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.)

 

c.

What is the yield to maturity if interest is paid semiannually? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.)