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I will rate, thank you Bonds of Francesca Corporation with a par value of $1,000 sell for $970, mature in five years, and have a

image text in transcribedI will rate, thank you

Bonds of Francesca Corporation with a par value of $1,000 sell for $970, mature in five years, and have a 8% annual coupon rate paid semiannually. Do not round intermediate calculations. Round your answers to two decimal places. Calculate: a. current yield. \% annually b. yield to maturity, to the nearest basis point. \% annually c. horizon yield (or realized return) for an investor with a three-year holding period and a reinvestment rate of 7% over the period. At the end of three years, the 8% coupon bonds with two years remaining will sell to yield 8%. % annually

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