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Assume that all bonds pay semiannual coupons and have par values of $1,000 unless otherwise stated. All work must be shown. The values entered for

Assume that all bonds pay semiannual coupons and have par values of $1,000 unless otherwise stated. All work must be shown. The values entered for the menu from the calculator BOND MODE is considered valid work only when finding the YTM of a bond on a date in which accrued interest is zero

A 25-year corporate bond with a coupon of 5.0% was issued on 7/20/2001. On 4/2/2020, an investor sells $450,000 in par value at a quoted price of 102.286. 3 pts a. How many days of accrued interest are there? b. What is the bonds YTM?

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