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can you answer them step by step in detail 1) What is the yield to maturity (YTM) on a $1,000 par value, semi-annual bond with
can you answer them step by step in detail 1) What is the yield to maturity (YTM) on a $1,000 par value, semi-annual bond with 9 years to maturity, a coupon rate of 3%, and a price today of $785.29 ? 2) When a bond sells at a premium which is greatest; the yield to maturity, the coupon rate or the current yield? Which is smallest? Hint: Make up a bond with any coupon rate you want (make. il a premitum bond too) and then calculate the YTM and current yield
can you answer them step by step in detail
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