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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. Bond Coupon (%) Price (%)
Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100.
| Bond Coupon (%) | Price (%) |
|---|---|
| 2 | 80.92 |
| 4 | 97.59 |
| 8 | 134.42 |
- What is the yield to maturity of each bond?
- What is the duration of each bond?
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
