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A $1000 par value Wookie Company bond has 16-years remaining to maturity with a 6 percent annual coupon. If it currently sells for $1033, a.

A $1000 par value Wookie Company bond has 16-years remaining to maturity with a 6 percent annual coupon. If it currently sells for $1033,

a. What is the bonds yield to maturity?

b. What is the current yield?

c. If interest rates increase due to inflation, what will happen to the price of these bonds?

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