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1.A bond has a maturity of 10 years, face value of $1,000, and coupon rate of 5.00%. Coupon payments are made semiannually. If the bond
1.A bond has a maturity of 10 years, face value of $1,000, and coupon rate of 5.00%. Coupon payments are made semiannually. If the bond is currently selling for $1,237.90, compute its annual yield to maturity, with semiannual compounding. what's the formula used?
2.Jefferson Electric 6.00% cumulative preferred has a par value of $25.00. Dividends are paid quarterly. Jeffersons preferred stockholders require an annual return of 5.00%, compounded quarterly. Compute the price per share. what's the formula used?
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