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Calculate the yield te maturity for a corporate bond issued by DaimlerChrysler with the price of $800 20, where the bond wa maturity of 11

Calculate the yield te maturity for a corporate bond issued by DaimlerChrysler with the price of $800 20, where the bond wa maturity of 11 years, a face value of $1,000, and the anal interest payment is $70. Assume that interest payments are made annually at the end of each year. What is the future value of the corporate bond? Should the interest rates decrease to 3%, how many years does the bond take to mature! b If the interest rate decreases to 7%, what should be the al interest payment for de band to be sold at the same price of $800.20

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