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Moon Corporation offers a 6% bond with a current market price of $875.05. The yield to maturity is 7.34%. The face value is $1,000. Interest
Moon Corporation offers a 6% bond with a current market price of $875.05. The yield to maturity is 7.34%. The face value is $1,000. Interest is paid annually. How many years is it until this bond matures? 16.28 years 18.55 years 25.23 years 32.57 years QUESTION 13 A zero-coupon bond has a market price of $394.47, a face value of $1,000, and a yield to maturity of 6.87%. How many years is it until this bond matures? A $1,000 bond has a coupon rate of 4 percent and matures in 10 years. The bond pays interest annually. (a) What is the current price of the bond if its yield to maturity is anticipated to be 4 percent? (b) Given the price you find in (a), what is the current yield of the bond? The current price is $1,000 and the current yield is the current yield is 4%. The current price is $400 and the current yield is the current yield is 4%. The current price is $1,040 and the current yield is the current yield is 4%. The current price is $1,000 and the current yield is the current yield is 8%. QUESTION 16 A $1,000 bond has a coupon rate of 4 percent and matures in 10 years. The bond pays interest annually. (a) What is the current price of the bond (rounded to the nearest dollar) if its yield to maturity is anticipated to be
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