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Atlantis Fisheries issues zero coupon bonds on the market at a price of $770 per bond. Each bond has a face value of $1,000 payable

Atlantis Fisheries issues zero coupon bonds on the market at a price of $770 per bond. Each bond has a face value of $1,000 payable at maturity in 15 years. What is the yield to maturity for these bonds?

Assume semiannual compounding reat Wall Pizzeria issued 5-year bonds one year ago at a coupon rate of 6.5 percent. If the YTM on these bonds is 8.7 percent, what is the current bond price?

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