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BB&T Corp issues a 10 percent coupon bond with 12 years maturity, $1,000 face (par) value, and semi-annual payments. If the yield to maturity of
BB&T Corp issues a 10 percent coupon bond with 12 years maturity, $1,000 face (par) value, and semi-annual payments. If the yield to maturity of this bond is 9 percent, find the bond's price. $857.98 $943.78 $629.19 none of the answers is correct $1,072.48 Question 19 1 pts Verizon Communications Inc issues a 10 percent semi-annual coupon bond with 26 years maturity and $1,000 face (par) value. If the current market price of this bond is $1135, find its yield to maturity. 6.76% 5.34% 13.68% none of the answers is correct 8.68%
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