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13) Suppose the following bond quote for firm A appears in the financial page of today's newspaper. Assume the bond has a face value of

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13) Suppose the following bond quote for firm A appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000, semiannual coupon payments, last price $1,053.12, and the current date is April 15, 2015 What is the yield to maturity of the bond? Hint: the present value of coupon payment and face value is equal to the price of the bond, YTD is the nominal annual discount rate Company (Ticker) Coupon Maturity Last Price EST Vol (000) XXX 7.240 Apr 15, 2026 1,053.12 1.827 a) 6.509% b) 6.554% c) 3.254% d) 3.277% HI

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