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Kent Enterprises issued 2 5 - year bonds 6 years ago with a coupon rate of 6 . 2 % . Currently, the bonds sell
Kent Enterprises issued year bonds years ago with a coupon rate of Currently, the bonds sell at a price of $
Are these bonds discount, par value, or premium bonds?
Assuming semiannual coupon payments, what is this bond's yield to maturity YTM
If the YTM were to increase by one percentage point, what would you expect to happen to the price of the bond?
One year later the YTM increases by by what percentage would the price of the bond change as a result of this increase in the YTM
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