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1. Calculate the yield to maturity on the following bonds. 2. A 9 percent coupon (paid semiannually) bond, with a $1,000 face value and 15
1. Calculate the yield to maturity on the following bonds. 2. A 9 percent coupon (paid semiannually) bond, with a $1,000 face value and 15 years remaining to maturity. The bond is selling at $985. 3. An 8 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $915. 4. An 11 percent coupon (paid annually) bond with a $1,000 face value and 6 years remaining to maturity. The bond is selling at $1,065
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