Question
due in 30 minutes!! 3: Lets work on the following yield concepts a. Suppose a U.S. corporate bond paying 7-percent coupon and with 18 years
due in 30 minutes!!
3: Lets work on the following yield concepts
a. Suppose a U.S. corporate bond paying 7-percent coupon and with 18 years left to maturity is priced at $898. Find the bond's yield to maturity. Express your answers as a percentage.
b. Suppose a U.S. Treasury bond paying 3.25-percent coupon and with 15 years left to maturity is currently priced at $958. If the bond is sold in 10 years at a price of $985, find the bond's yield. Express your answers as a percentage.
c. Suppose a German bond priced at $975 pays an 8-percent coupon for 26 years. Find the current yield of the bond. Express your answers as a percentage.
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