Question
A 15-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 12%. a. What is the bonds
A 15-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 12%. a. What is the bonds yield to maturity if the bond is selling for $1,030? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Annual yield to maturity %
b. What is the bonds yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer. (Do not round intermediate calculations.) Annual yield to maturity %
c. What is the bonds yield to maturity if the bond is selling for $1,230? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Annual yield to maturity %
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