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A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.60%. Note: Do not round
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.60%. Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places. a. What is the yield to maturity if the bond is selling for $950? Yield to maturity % b. What is the yield to maturity if the bond is selling for $1,000? Yield to maturity % c. What is the yield to maturity if the bond is selling for $1,115? Yield to maturity 96
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
