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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 8.40%, (Do not round intermediat e
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.40%, (Do not round intermediat e 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 $1,020? Yield to maturity : 8234: % b. What is the yield to maturity if the bond is selling for $1,000? Yield to maturity 8.4001 % c. What is the yield to maturity if the bond is selling for $1,130? Yield to maturity 7.422 %
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