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Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 12 years to maturity, and selling for $919. At this price, the
Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 12 years to maturity, and selling for $919. At this price, the bonds yield 8.3 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123)
Grohl Co. issued 17 year bonds 1 years ago at a coupon rate of 7 percent. The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)
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