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please answer the 3 parts (Yield to maturity) Fitzgerald's 20-year bonds pay 9 percent interest annually on a $1.000 par value. If the bonds sell
please answer the 3 parts
(Yield to maturity) Fitzgerald's 20-year bonds pay 9 percent interest annually on a $1.000 par value. If the bonds sell at $805, what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually? Explain the difference Step by Step Solution
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