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A 2-year bond with par value $1,000 making annual coupon payments of $108 is priced at $1,000. Required: a. What is the yield to maturity

image text in transcribedimage text in transcribed A 2-year bond with par value $1,000 making annual coupon payments of $108 is priced at $1,000. Required: a. What is the yield to maturity of the bond? b. What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (i) 7%, (ii) 10%, (iii) 13% ? Complete this question by entering your answers in the tabs below. What is the yield to maturity of the bond? Note: Round your answer to 1 decimal place. A 2-year bond with par value $1,000 making annual coupon payments of $108 is priced at $1,000. Required: a. What is the yield to maturity of the bond? b. What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (i) 7%, (ii) 10%, (iii) 13% ? Complete this question by entering your answers in the tabs below. What will be the realized compound yield to maturity if the 1 -year interest rate next year turns out to be (i) 7%, (ii 13% ? Note: Round your answers to 2 decimal places

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