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1. Price the bonds in the table. Coupon Par Value Coupon Rate requency Maturityatrity Years toYield to 8% 10 10 20 6% 896 796 $1,000,001

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1. Price the bonds in the table. Coupon Par Value Coupon Rate requency Maturityatrity Years toYield to 8% 10 10 20 6% 896 796 $1,000,001 $1,000.00 Semiannual $5,000.00 ! Quarterly 2. Calculate the yield to maturity of the bonds in the table. (Hint: to calculate yield to maturity YTM , you need to use "rate" function in Excel) Coupon Coupon Years to Yield to Price Par Value S1,000.00 $1,000.00 S5,000.00 uency aurityMaturity Rate 8% 6% 9% Annual Semiannual Quarterly 10 10 20 S1000.00 $850.00 $5,400.00 3. Addison Company will issue a zero coupon bond this coming month. The projected yield for the bond is 7%. If the par value of the bond is $1,000, what is the price of the bond using a semiannual convention if The maturity is 20 years? The maturity is 30 years? a. b

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