Question
1. Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year. A $1,000 par value
1. Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year.
"A $1,000 par value bond that matures in 15 years is currently selling for $950.50. The bond pays $62.00 of interest every six months."
"A $1,000 par value bond that matures in 17 years is currently selling for $1,242.50. The bond pays $63.00 of interest every six months."
"A $1,000 par value bond that matures in 14 years is currently selling for $1,104.95. The bond pays $47.00 every six months."
"A $1,000 par value bond that matures in 6 years is currently selling for $949.90. The bond pays $56.00 of interest every six months."
"A $1,000 par value bond that matures in 12 years is currently selling for $1,146.61. The bond pays $61.00 of interest every six months."
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