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ECON. 3320 Money and Banking Homework: Homework 4 Score: 0.22 of 1 pt Natalia Pantelus10/5/18 11:31 PM Press |F11 to exit full screen Save 13

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ECON. 3320 Money and Banking Homework: Homework 4 Score: 0.22 of 1 pt Natalia Pantelus10/5/18 11:31 PM Press |F11 to exit full screen Save 13 of 50 (45 complete) HW Score: 64.79%, 49.89 of 77 pts End-of-Chapter Exercise 20 Consider a bond with a 4% annual coupon and a face value of $900. Complete the following table. (Enter your responses rounded to fwo decimal places.) Question Help Years to Yield to Current Maturi Price $934.95 $ 900.00 $900.00 Ma 2% 4% 4% 2% 6% 984.84 $ 824.18 Vthe coupon rate, the bond's current price is below its face value. For a given maturity, the bond's current price Vas the yield to maturity rises. For a given When the yield to maturity is yield to maturity, a bond's value to maturity. as its maturity increases. When the yield to maturity is the coupon rate, a bond's current price equals its face value regarcless of the number of years Click to select your answer(s) and then click Check Answer All parts showing Clear All Check

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