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Best Escape of Denver Corp. has has a bond outstanding that pays interest semiannually and will mature in five years. The bond has a coupon

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Best Escape of Denver Corp. has has a bond outstanding that pays interest semiannually and will mature in five years. The bond has a coupon rate of six percent and is currently quoted at $1010. Compute the yield to maturity for the bond. 5.77% 5.84% 6.00% 6.13% 6.27% Question 3 10pts An FRR Corp. bond pays a semiannual coupon of 5.5% and has face value of $1,000. The bond matures in seven years, and has a 6.23% yield to maturity. Compute the current price of the bond. $945.08 $947.21 $959.09 $959.60 $962.40

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