Question
a. A 9.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 20 years remaining to maturity. The bond is selling at $960.
a. | A 9.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 20 years remaining to maturity. The bond is selling at $960. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity___________ | % per year |
b. | An 10 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $902. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity | _______ % per year |
c. | An 9 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity. The bond is selling at $1,052. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity | ______ % per year |
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