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Calculate the yield ( i ) of the following bonds, where P B is theprice, F is the face value, c is the coupon rate,
Calculate theyield (i)of the following bonds, where PBis theprice,Fis the face value,cis the coupon rate, andNis the number of years to maturity. Show work
PB= $100.95, F = $100, c = 6%, N = 1
PB= $712.99, F = $1,000, c = 0%, N = 5
PB= $1,176.47, F = $1,000, c = 10%, N (bond never matures)
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