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please answer asap. Thank you so much (Bondholders' expected rate of retum) You own a bond that has a par value of $1,000 and matures
please answer asap. Thank you so much
(Bondholders' expected rate of retum) You own a bond that has a par value of $1,000 and matures in 12 years. It pays an annual coupon rate of 11 percent. The bond currently sells for $900. What is the bond's expected rate of return? The bond's expected rate of return is %. (Round to two decimal places.) (Yield to maturity) You own a 9-year bond that pays 9 percent interest annually. The par value of the bond is $1,000 and the market price of the bond is $1,000. What is the yield to maturity of the bond? The yield to maturity of the bond is %. (Round to two decimal places.) Step by Step Solution
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