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I posted this already and they only answered 1st question i need these 4 2. A bond currently is selling for $1,006. The bond has
I posted this already and they only answered 1st question i need these 4
2. A bond currently is selling for $1,006. The bond has a $1,000 maturity value and a coupon rate equal to 7 percent, and it matures in eight years from today. Interest is paid annually. Compute the bond's yield to maturity today. 3. ABCCOrp. has a $2,000 par value bond outstanding with a coupon rate of 4.9 percent paid semiannually and 13 years to maturity (from today). The yield to maturity of the bond is 3.8 percent. What is the current value of the bond? 4. Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity from today. The yield to maturity on these bonds is 3.9 percent, and the bonds have a par value of $5,000. What is the current value of the bond? 5. Three years ago, a company issued a 10 -year bond with a $1,000 face value and a 5 percent coupon rate of interest. Interest is paid semiannually. This bond's current market price is $800. If the bond can be called in two years from today for a redemption price of $1,010, what is the bond's yield to call Step by Step Solution
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