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James Bond Six years ago, you bought a corporate bond issued by James Corporation, James Bond Series 0 0 7 . That bond has a

James Bond
Six years ago, you bought a corporate bond issued by James Corporation, James Bond Series 007.
That bond has a yield of 7.6% and had following characteristics: Coupon =6% quarterly, Term =30
years, Face Value =$8,000. Today, the same bond has a yield of 8.4%. Today, you sell the bond to Tom Brady. Tom Brady will own it for 9 years (measured from today) and sells it Michael Jordan for
$1,080. Determine the following.
A) Your HPY
B) Tom Brady's HPY
C) Jordan's Yield to Maturity
D) Tom Brady's Current Yield
Can you use Excel formulas please
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