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Berkman Investment Bank has the following bond deals under way: Determine the net proceeds of each bond and the cost of the bonds for each
Berkman Investment Bank has the following bond deals under way: Determine the net proceeds of each bond and the cost of the bonds for each company in terms of yield. The bond yield in the table is the market yield before the bank charges its commission. Assume all bonds are semiannual and issued at a par value of $1,000. For Rawlings. the market price of the bond is $. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.) The yield to maturity of the bond is (Round to four decimal places.) For Wilson, the market price of the bond is. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.) The yield to maturity of the bond is (Round to four decimal places.) For Louis Sluggers, the market price of the bond is. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.) Berkman Investment Bank has the following bond deals under way: Determine the net proceeds of each bond and the cost of the bonds for each company in terms of yield. The bond yield in the table is the market yield before the bank charges its commission. Assume all bonds are semiannual and issued at a par value of $1,000. For Rawlings. the market price of the bond is $. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.) The yield to maturity of the bond is (Round to four decimal places.) For Wilson, the market price of the bond is. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.) The yield to maturity of the bond is (Round to four decimal places.) For Louis Sluggers, the market price of the bond is. (Round to the nearest cent.) The net price of the bond is (Round to the nearest cent.)
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