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Consider a newly issued 10-year 3%-coupon bond issued by Delta Airlines that is priced at...

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Accounting

Consider a newly issued 10-year 3%-coupon bond issued by Delta Airlines that is priced at $102.00What is the timing and amount of the bond's first coupon payment rounded to the nearest $0.01?
$3.06 one year after issuance
$3.00 one year after issuance
$1.53 six months after issuance
$1.50 six months after issuance
None of the above
What is the yield of the Delta bond in the prior question? Round to the nearest 0.01%.
3.30%
3.00%
2.84%
None of the above

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