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Eon Satellite Corporation ( ESC ) has an issue of 2 0 - year, 6 % annual coupon bonds outstanding. The bonds, which were originally
Eon Satellite Corporation ESC has an issue of year, annual coupon bonds outstanding. The bonds, which were originally issued years ago, have a face value FV of $ a yield to maturity YTM of and are noncallable.
a What is the current market price of ESC's bonds? Note: Do not round your intermediate calculations. round the final answer to the nearest $
b Are the bonds of Eon Satellite Corporation selling at a discount, at par, or at a premium Why?
c What is the current yield on Eon Satellite Corporation's outstanding bonds? round the answer to the nearest :
d What is the bond price a year from now if the yield to maturity remains at for ne year and beyond? round the final answer to the nearest $
e What is the expected oneyear capital gain yield on the bonds of Eon Satellite Corp given the answer from part round the final answer to the nearest
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