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4-2. A 5-year bond pays interest annually. The par value is $1,000, and the coupon rate equals 7%. If the market's required return on the
4-2. A 5-year bond pays interest annually. The par value is $1,000, and the coupon rate equals 7%. If the market's required return on the bond is 896, then what is the bond's market price? A bond that matures in two years makes semiannual interest payments. The par value is $1,000, the coupon rate equals 496, and the bond's market price is $1,019.27. What is the bond's yield to maturity? A bond makes two $45 interest payments each year. Given that the bond's par value is $1,000 and its price is $1,050, calculate the bond's coupon rate and coupon yield. A bond with a $1,000 par value makes semiannual interest payments. Its coupon rate is 8% and its coupon yield is 6%. what is the bond's price? 4-3. 4-4. 4-5
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