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A bond has a $1,000 par value, 7 years to maturity, and a 9% annual coupon and sells for $1,095. a. What is its yield

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A bond has a $1,000 par value, 7 years to maturity, and a 9% annual coupon and sells for $1,095. a. What is its yield to maturity (YTM)? Round your answer to two decimal places. % b. Assume that the yield to maturity remains constant for the next 5 years. What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $ A 9% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 8.9019%. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the bond's YTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answers to two decimal places, % A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,058.32, and currently sell at a price of $1,110.76. What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. % What is their nominal yield to call? Do not round intermediate calculations. Round your answer to two decimal places. %

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