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Bond X is a premium bond making semiannual payments. The bond pa: of 12 percent, has a YTM of 10 percent, and has 12 years
Bond X is a premium bond making semiannual payments. The bond pa: of 12 percent, has a YTM of 10 percent, and has 12 years to maturity. Bon bond making semiannual payments. This bond pays a coupon rate of 1 YTM of 12 percent, and also has 12 years to maturity. The bonds ha value. What is the price of each bond today? If interest rates remain uncl you expect the price of these bonds to be one year from now? In thre years? In 10 years? In 12 years? (Do not round intermediate calculations answers to 2 decimal places, e.g., 32.16.) Bond X is a premium bond making semiannual payments. The bond pa: of 12 percent, has a YTM of 10 percent, and has 12 years to maturity. Bon bond making semiannual payments. This bond pays a coupon rate of 1 YTM of 12 percent, and also has 12 years to maturity. The bonds ha value. What is the price of each bond today? If interest rates remain uncl you expect the price of these bonds to be one year from now? In thre years? In 10 years? In 12 years? (Do not round intermediate calculations answers to 2 decimal places, e.g., 32.16.)
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