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4 . The Tyler Energy Corporation's $ 1 , 0 0 0 par bonds currently sell for $ 9 4 0 , mature in seven
The Tyler Energy Corporation's $ par bonds currently sell for $ mature in seven years, and have semiannual coupon payments with a annual coupon rate.
a What is the current yield?
b What is the yield to maturity to the nearest basis point
c What is the horizon yield for an investor with a year holding period and a reinvestment rate of over the period. At the end of the four years, the bonds will sell to yield Please do it on excel.
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