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Most corporate bonds in the United States make semiannual coupon payments, but some corporate bonds have annual coupon payments. Suppose a company issues a bond

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Most corporate bonds in the United States make semiannual coupon payments, but some corporate bonds have annual coupon payments. Suppose a company issues a bond with a par value of $1,000, 18 years to maturity, and a coupon rate of 5 percent paid annually. If the yield to maturity is 3.5 percent, what is the current price of the bond? Enter your answer as dollars with 2 digits to the right of the decimal point in the box shown below. Your Answer: Answer Question 2 (3 points) A bond has a 9 percent coupon rate, makes annual payments, has a yield to maturity of 75 percent, and has 13 years to maturity. If interest rates remain unchanged, what is the expected capital gains yield over the next year for this bond? Enter your answer as a decimal number (not as a percentage number) with 4 digits to the right of the decimal point in the box shown below

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