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need help with question 7 and 8 Question 7 (1 point) You are researching a bond with coupon payments of $90 per year and a
need help with question 7 and 8
Question 7 (1 point) You are researching a bond with coupon payments of $90 per year and a face value of $1000. If the yield to maturity on similar bonds is 10%, this bond should sell for $1000. sell for either a premium or a discount but you can't tell which. sell for the same price as the similar bonds regardless of maturity. sell at a premium. sell at a discount. Dage 8 of 20 Question 8 (1 point) A bond has a $1,000 par value, 9 years to maturity, and a 8.00% annual coupon and sells for $825. What is its yield to maturity (YTM)? OA) 8.40% OB) 8.31% OC) 10.15% D) 11.127% OE) 8.24% for 10 of 20 Step by Step Solution
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