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Calculate the yield to maturity on the following bonds: a. A 9.6 percent coupon (paid semiannually) bond, with a $1,000 face value and 21 years
Calculate the yield to maturity on the following bonds: a. A 9.6 percent coupon (paid semiannually) bond, with a $1,000 face value and 21 years remaining to maturity. The bond is selling at $955 $903. $1,053. b. An 10.1 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at c. An 9.1 percent coupon (paid annually) bond, with a $1,000 face value and 10 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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