What is the bond s yield to maturity using annual coupons and annual compounding and also using semiannual coupons and semiannual compounding?

 

A $1,000 par value bond with an 8.5% coupon and 2 years until maturity is priced at $1,008.91.

a.What is the bond s yield to maturity using annual coupons and annual compounding and

 

  1. also using semiannual coupons and semiannual compounding?