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help with 14 and 15 Question 14 (1 point) Bavarian Sausage just issued a 8-year 9% coupon bond The face value of the bond is
help with 14 and 15
Question 14 (1 point) Bavarian Sausage just issued a 8-year 9% coupon bond The face value of the bond is S1 000 and the bond makes annual coupon payments. If the bond is trading at $969.79, what is the bond's yield to maturity?(Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 00843 instead of 843%) Your Answer: 12 Answer 15 Question 15 (1 point) Bavarian Sausage just issued a 9-year 9% coupon bond. The face value of the bond is S 1,000 and the bond makes semiannual coupon payments. If the required return (yield to maturity) on the bond is 9%, what is the bond's price? Your Answer: 18
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