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Investments PLEASE SHOW THE ANSWERS IN STEPS SO I CAN BE ABLE TO UNDERSTAND IT , AND SHOW THE INPUTS IN THE CALCULATOR The question

Investments

PLEASE SHOW THE ANSWERS IN STEPS SO I CAN BE ABLE TO UNDERSTAND IT , AND SHOW THE INPUTS IN THE CALCULATOR

The question is answered already in chegg , however please DO NOT answer it the way it was answered ( show steps )image text in transcribed

Question #3 XXX bonds currently sell for $875. The coupon rate is 12% paid quarterly. They have 15.5 semesters till maturity, and a $1,000 par value. They can be called in 5.25 years at $1,030. What is the difference between this bond's YTM and its YTC? Question #4 YYY bonds have a 12-year maturity, $1,000 par value, and a 6% coupon paid semi-annually, and those bonds sell at their par value. ZZZ bonds have the same risk, maturity, and par value, as YYY bonds, but the ZZZ bonds pay a 4% monthly coupon. Neither bond is callable. At what price should the monthly payment bond sell

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