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Just number 2 please! Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value
Just number 2 please!
Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%. a. What is the yield to maturity at a current market price of 1. $896 ? Round your answer to two decimal places. % 2. $1,157 ? Round your answer to two decimal places. %Step by Step Solution
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