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both answers please Question 9 Not yet answered Points out of 1 P Flag question BT Motors issued 5-year bonds with a 8 percent coupon
both answers please
Question 9 Not yet answered Points out of 1 P Flag question BT Motors issued 5-year bonds with a 8 percent coupon and semi-annual interest payments. What is the market price of a $1,000 (face value) bond if the yield to maturity is 6 percent? a. $1,116.52 b. $1,085.30 c. $1,585.36 d. $1,003.97 e. $1,114.93 A Treasury bill has 45 days left to maturity. The bank discount yield on the bill is 2.25 percent. What is the effective annual rate? Question 10 Not yet answered Points out of 1 P Flag question a. 2.99 percent b. 2.88 percent c. 2.31 percent d. 2.29 percent e. 2.25 percent Step by Step Solution
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