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Par value P6-22 (similar to) Question Help Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon here

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Par value P6-22 (similar to) Question Help Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Coupon interest rate Years to maturity Current value $500 13% a. Calculate the yield to maturity (YTM) for the bond. b. What relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explain. a. The yield to maturity CYTM) for the bond is % (Round to two decimal places.) $600

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