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Page 3 of 13 Previous Page Next Page 3 Question 7 (6 points) A coupon bond has an annual coupon of 4%, a par value

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Page 3 of 13 Previous Page Next Page 3 Question 7 (6 points) A coupon bond has an annual coupon of 4%, a par value of $1,000, and a market price of $1075. i. Calculate the current yield and YTM if the bond matures in 5 years. ii. If coupons were paid semi-annually what is the YTM (annualized)? (Answers to two decimal places) 6 8 o 11 12 14 15

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