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Myra Breck must choose between two bonds. Bond A pays $170 annual interest with semiannual payment and has a market value of $800. it has

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Myra Breck must choose between two bonds. Bond A pays $170 annual interest with semiannual payment and has a market value of $800. it has 10 years to maturity Bond 8 pays $170 annual interest wth semiannual payment and has a market value of $900. it has 2 years to maturity Assume the par value of the bonds is $1,000. a. Compute the current yield on both bonds. (Round the final answers to 2 decimal ploces.) b. Which bond should she select based on the answer to part a? Bond A Bond B c. A drawback of current yield is that it does not consider the totol life of the bond. What is the yield to maturity on these bonds? (Do not round intermediete celculations. Round the final answers to 2 decimot places.) d. Has the answer. Changed between parts b and cof this question? Yes No

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