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A 5 year bond pays interest. The par value is $1000, and the coupon rate equals 7%. If the markets required return on the bond

A 5 year bond pays interest. The par value is $1000, and the coupon rate equals 7%. If the markets required return on the bond is 8%, then what is the bond's market price?

A bond that matures in two years makes semiannual interest payments. The par value is $1000, the coupon rate equals 4%, and the bond's market price is $1019.27. What is the bond's yield to maturity?

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