a. Show the cash flows for the following four bonds, each of which has a par value
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a. Show the cash flows for the following four bonds, each of which has a par value of $1,000 and pays interest semiannually:
Bond Coupon Rate (%)
Number of Years to Maturity Price W 7 5 $884.20 X 8 7 948.90 Y 9 4 967.70 Z 0 10 456.39
b. Calculate the yield to maturity for the four bonds.
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