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help please.5 (Yield to maturity) A bond's market price is $1,200 It has a $1,000 par value, will mature in 8 years, and has a
help please.5
(Yield to maturity) A bond's market price is $1,200 It has a $1,000 par value, will mature in 8 years, and has a coupon interest rate of 12 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to maturity? What happens to the bond's yield to maturity if the bond matures in 16 years? What if it matures in 4 years? a. The bond's yield to maturity if it matures in 8 years is % (Round to two decimal places) b. Tho bond's yield to maturity if it matures in 16 years is \%. (Round to two decimal places) c. The bond's yield to maturity if it matures in 4 years is % (Round to two decimal places ) Step by Step Solution
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