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1. A corporate bond has five years remaining to maturity, a 9.00 percent yield to maturity, and a priced of 88.33% of par value. .

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1. A corporate bond has five years remaining to maturity, a 9.00 percent yield to maturity, and a priced of 88.33% of par value. . If the bond has annual payments, what is the bond's coupon rate? Explain your answer. b. If the bond has semi-annual payments, what is the bond's coupon rate? Explain your answer. e A rich uncle is giving Henry, as a gift, one of the two bonds: (i) bond with annual payments or (ii) bond with semi-annual payments. Which bond should Henry select or is Henry indifferent between the two bonds? Explain your

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