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Assume that Kendal Corp. has an outstanding bond Issue with a par value of $ 1 , 0 0 0 and a current market price
Assume that Kendal Corp. has an outstanding bond Issue with a par value of $ and a current market price of $ per bond. The bond has elght years remaining and a coupon rate of percent. Use Excel to answer thls questlon. Enter your answer as a percent rounded to decimal places.
a Find the current yleld to maturity for the Kendal Corp. bond. Do not round Intermedlate calculatlons. Enter your answer as a percent rounded to decimal places.
Yield to maturity
$
b If the bond trades at a yleld spread of percent above comparable US Treasury notes, what must the current yield on Treasury notes beDo not round Intermedlate calculatlons. Enter your answer as a percent rounded to decimal places.
Treasury yield
c If the Kendal bond has a makewhole call premlum of basis points above the US Treasury rate, what is the makewhole call premlum? Do not round Intermedlate calculatlons. Enter the makewhole yleld answer as a percent rounded to decimal places. Enter the makewhole price answer In dollars rounded to decimal places.
tableMakewhole yield,,
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