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Fish Company bonds have a face value of $1,000 and are currently quoted at 98.4% of par. The bonds pay $60 annually. What is the
Fish Company bonds have a face value of $1,000 and are currently quoted at 98.4% of par. The bonds pay $60 annually. What is the current yield on these bonds?
Question 3 options:
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7.20%
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6.71%
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6.95%
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6.52%
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6.10%
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Orca Industries' 5.75% bonds currently sell for $1,370.54. They mature in 24 years and have a par value of $1,000. If these bonds pay interest semiannually, what is the yield to maturity?
Question 4 options:
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3.67%
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3.01%
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3.95%
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3.46%
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3.78%
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