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part b 6.096% is not the answer help (Yield to maturity) Fitzgerald's 30-year bonds pay 11 percent interest annually on a $1,000 par value. If

part b 6.096% is not the answer help image text in transcribed
(Yield to maturity) Fitzgerald's 30-year bonds pay 11 percent interest annually on a $1,000 par value. If the bonds sell at $905, what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually? Explain the difference a. The bond's yield to maturity if the bond pays interest annually is 12. 197% (Round to three decimal places) b. The bond's yield to maturity in the bond paid interest semiannually would be 6.096%. (Round to three decimal places)

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