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Calculate the yield to maturity on the following bonds: a. A8.9 percent coupon (paid semiannually) bond, with a $1,000 face value and 13 years remaining
Calculate the yield to maturity on the following bonds: a. A8.9 percent coupon (paid semiannually) bond, with a $1,000 face value and 13 years remaining to maturity. The bond is selling at $930 $908. 12 b. An 6 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at c. An 8 percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at (For all requirements, do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161) a. Yield to maturity b. Yield to maturity C. Yield to maturity % per year % per year % per year
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