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Donas issued by Brawndo Inc. bear a 11.48% coupon, payable semiannually. I mature in 15 years and have a $1.000 face value. Currently the bonds
Donas issued by Brawndo Inc. bear a 11.48% coupon, payable semiannually. I mature in 15 years and have a $1.000 face value. Currently the bonds sel yo coupon, payable semiannually. The bonds is the yield to maturity? lue. Currently the bonds sell for $537.47. What a) 20.50% b) 24.96% c) 22.20% d) 20.21% e) 18.10% 5) Merlins Publications has $1,000 face value bonds which currently sell for $1208. They have a 6.15% annual coupon rate. What is the current yield on these bonds? a) 4.58% b) 5.00% c) 5.17% d) 8.70% e) 5.09%
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