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1. The Fieldstone Flooring Company Series A bonds have 5 years to maturity. Interest is paid annually; the bonds have a $1,000 par value; and

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1. The Fieldstone Flooring Company Series A bonds have 5 years to maturity. Interest is paid annually; the bonds have a $1,000 par value; and the coupon rte is 9%. a. What is the yield to maturity, at a current market price of $829? b. What is the yield to maturity at a market price of $1,104 ? c. What would you pay for a bond if you believed that appropriate yield is 12 %

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