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Haslam, Inc. bonds have 22 years to maturity and a coupon rate of 7%. The par value is $1,000 and the bond makes semiannual payments.
Haslam, Inc. bonds have 22 years to maturity and a coupon rate of 7%. The par value is $1,000 and the bond makes semiannual payments. If the bond is trading for $900 then: Please show work, thank you! 7. Suppose in one year the YTM is 6%. What will be the percent change in the bond's price over the year? a. 21.1% b. 22.3% c. 23.3% d. 24.3% e. 25.0%
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