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2. The ABC Corporation had issued 5% coifpon (semi-annual), 10-ycar, AA-rated bonds to finance its business growth. Use both your financial calculator (write the keys

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2. The ABC Corporation had issued 5% coifpon (semi-annual), 10-ycar, AA-rated bonds to finance its business growth. Use both your financial calculator (write the keys and the answer) and show the function you'd use in Excel). a. If investors are currently offering S1100, what is the expected YTM on the investment? i. Is this a premium/discount bond? Describe the relationship of the YTM, thic coupon nie and the price of a bond, b. If they were willing to pay no more than 5970 for this bond, what would their expected YTM be? i. Is this a premium discount bond? c. Describe the relationship of the YTM, the coupon rate and the price of a bond

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