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A bond with a face value of $1,000 has 10 years untl m annuaily a coupon rate of 8.8%, and sells for S1120. Interest ls

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A bond with a face value of $1,000 has 10 years untl m annuaily a coupon rate of 8.8%, and sells for S1120. Interest ls paid a. If the bond has a yield to maturity of 9.2% 1 year from now, what will tts price be at that time? (Do not round calculatlons. Round your anser to nearest whole number.) b. What vwill be the annual rate of return on the bond? (Do not round Intermediate cAulations. Enter your answer as a percent rounded to 2 declmal places. Negetive amount should be Indicated by a minus sign.) c. Now assume that interest is paid semiannually. What wll be the annual rate of return on the bond? e Slighty greater than your part b answer Slightly less than your part o answer not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount should be Indicated by e minus sign.)

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