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A $1,000 face value bond pays a $50 semi-annual and matures in 10 years. (Write your answers below) a. What is the bond's price if

A $1,000 face value bond pays a $50 semi-annual and matures in 10 years. (Write your answers below)

a. What is the bond's price if comparable debt yields/rates 12%? The price would be (2 decimals)

b. What would be the price if comparable debt yields/rates 12% and the bond matures after 5 years? The price would be (2 decimals)

c. What are the current yields in a. and b.? The CY is for the 10 year and for the 5 year (2 decimals and do not type %.e.g. 6.31)

d. What would be the bond's price in a. and b. if interest rates declined to 8%? The price would be for the 10 year and for the 5 year

e. What is the current yield and yield to maturity for the 10 year at 8% interest rate? The CY is and the YTM is (2 decimals and do not type %.e.g. 6.31).

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