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On January 4th, 2017, Zack purchased a corporate bond of FGH Inc. at its market price of $1025. The bond pays a 3.75 percent coupon

On January 4th, 2017, Zack purchased a corporate bond of FGH Inc. at its market price of $1025. The bond pays a 3.75 percent coupon rate, which is paid out semi-annually, based on its face value of $1,000. The bond will mature on July 5th, 2024.

Question 43 (1 point)

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What would be dollar amount of each semi-annual coupon? (1 Mark)

Question 43 options:

$15.50

$18.75

$17.15

$16.25

$20.75

Question 44 (2 points)

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Based on the market purchase price of $1025, what would be the current yield that Zack would be receiving on these bonds? (2 Marks)

Question 44 options:

3.97%

3.72%

3.66%

4.09%

4.05%

Question 45 (2 points)

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What is the current yield to maturity that he would be receiving? (2 Marks)

Question 45 options:

3.52%

4.02%

3.37%

2.99%

3.23%

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