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Intro A bond has a 10% coupon rate with semi-annual coupons and matures in 13 years. The bond has a $1,000 face value and a
Intro A bond has a 10% coupon rate with semi-annual coupons and matures in 13 years. The bond has a $1,000 face value and a current yield of 8.62%. Attempt 1/5 for 10 pts. Part 1 What is the bond's price? 1160 Correct Current yield Annual coupon Current price Current price Annual coupon Current yield 100 0.0862 1,159.83 Part 2 Attempt 1/5 for 10 pts. What is the bond's yield to maturity? Enter your answer as a decimal. + decimals Submit
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