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1. Based on the above information, what is the initial price of this bond if it has 5% yield to maturity? (Hint: use 4 decimal
1. Based on the above information, what is the initial price of this bond if it has 5% yield to maturity? (Hint: use 4 decimal places for your calculations.) A. $196.86. B. $220.20. C. $230.93. D. $156.86. E. None of the above. 3. What is the rate of return for an investor who pays $1,054.47 for a three-year bond with a 7% coupon paid annually and sells the bond one year later for $1,037.19? (Hint: use 4 decimal places for your cal- culations.) A. 2.59% B. 4.99% C. 5.22% D. 5.69% E. None of the above. 1. Based on the above information, what is the initial price of this bond if it has 5% yield to maturity? (Hint: use 4 decimal places for your calculations.) A. $196.86. B. $220.20. C. $230.93. D. $156.86. E. None of the above. 3. What is the rate of return for an investor who pays $1,054.47 for a three-year bond with a 7% coupon paid annually and sells the bond one year later for $1,037.19? (Hint: use 4 decimal places for your cal- culations.) A. 2.59% B. 4.99% C. 5.22% D. 5.69% E. None of the above
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