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Leonard Cooper is looking to invest in a two-year bond from Big Bang Productions Corporation. The company makes semi-annual coupon payments of $58.00 (every 6

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Leonard Cooper is looking to invest in a two-year bond from Big Bang Productions Corporation. The company makes semi-annual coupon payments of $58.00 (every 6 months) with a face value of $1,000. If the market price of the bonds is $1,058.00, what yield to maturity will Leonard earn (express as an EAR)? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Dawgpound Incorporated has a bond trading on the secondary market that will mature in four years. The bond pays an annual coupon with a coupon rate of 7.50%. Dawgpound bonds currently trade at $922.00, with a face value of $1,000. If you purchase the bond at this price, what is your yield to maturity? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) )

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