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