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11-A company's bonds currently sell for $1,080 and have a par value of $1,000. The coupon rate is 10% with semi-annual payments. The maturity is

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11-A company's bonds currently sell for $1,080 and have a par value of $1,000. The coupon rate is 10% with semi-annual payments. The maturity is 15 vears, but they can be called years at $1,125. What is their vield to maturity (YTM)? What is the yield to call (YIC) 12-A company has bonds with 10-year maturity, 6.25% coupon rate with semi-annual payments, and par value of $1,000. The market interest rate is 5%. What is the bond's price? 13-A company's bonds have a $1,000 par value, and mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon rate? 14-A company believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? State of the Economy Boom Normal Recession Probability of State Occurring 0.45 0.50 0.05 Stock's Expected Return 25% 15% 5%

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