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A 20-year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 8.2%. Note: Do not round intermediate
A 20-year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 8.2%.
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.
What is the bonds yield to maturity if the bond is selling for $1,000?
What is the bonds yield to maturity if the bond is selling for $920?
What is the bonds yield to maturity if the bond is selling for $1,120?
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