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Costanza Inc. has 10-year bonds outstanding that sell for $975 and have a 7% annual coupon rate. 1. Is this a premium, par, or discount

image text in transcribed Costanza Inc. has 10-year bonds outstanding that sell for $975 and have a 7% annual coupon rate. 1. Is this a premium, par, or discount bond? 2. Assuming semi-annual coupon payments, what is the bond's yield to maturity? 3. What is the bond's current yield? 4. Assume the YTM calculated in part b above remains constant for the next 7 years. What will be the price of the bond 7 years from today

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