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6. Bond Prices (LO2] Glow Co. issued 11-year bonds a year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If
6. Bond Prices (LO2] Glow Co. issued 11-year bonds a year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.4 percent, what is the current bond price? 7. Bond Yields (LO2] New Earth Corp. issued 20-year bonds two years ago at a coupon rate of 8 percent. The bonds make semiannual payments. If these bonds 8. Coupon Rates (LO2] Angsana Corporation has bonds on the market with 30 years Currently sell for 105 percent of par value, what is the YTM? to maturity, a YTM of 9 percent, and a current price of $900. The bonds make semiannual payments. What must the coupon rate be on these bonds
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