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Calculate the yield to maturity on the following bonds: a. A 8.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 25
Calculate the yield to maturity on the following bonds: a. A 8.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 25 years remaining to maturity. The bond is selling at $910. b. An 5.6 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $912. . c. An 7.6 percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at $1,062. (For all requirements, do not round intermediate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161)) a. Yield to maturity % per year b. Yield to maturity % per year c. Yield to maturity % per year
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