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Able Williams bought 50, CAD 1,000, 5-year corporate bonds of Smithson Industries on January 1, 2012. The bonds have a coupon rate of 10.0%, compounded

Able Williams bought 50, CAD 1,000, 5-year corporate bonds of Smithson Industries on January 1, 2012. The bonds have a coupon rate of 10.0%, compounded semi-annually, which equals the current market rate. REQUIRED: 1. What is the yield to maturity? 2. Would the yield to maturity change if the coupons were reinvested at 10.0%? 3. Would the yield to maturity change if the coupons were reinvested at 5.0%

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