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a.) Suppose you have an 8% semi-annually compounded bond with a face value of $1000 that matures in 7 years. if the yield to maturity

a.) Suppose you have an 8% semi-annually compounded bond with a face value of $1000 that matures in 7 years. if the yield to maturity is. 10%. what is the price of this bond?

 

b.) The 6 percent bond of xyzy Inc. is selling for $1040 and has a yield to maturity of 4.85%. how many years will it be until these bonds mature? assume semi-annual compounding. 

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