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just checking work A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8% a. What
just checking work
A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8% a. What is the bond's yield to maturity if the bond is selling for $1,010? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Annual yield to maturity 7.908 % b. What is the bond's yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer. (Do not round intermediate calculations.) Annual yield to maturity 8 % c. What is the bond's yield to maturity if the bond is selling for $1,210? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Annual yield to maturity 6.318 %Step by Step Solution
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