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please explain and show work how to find these answers using a financial calculator The 30 -year, 5.5 percent bonds issued by Modern Kitchens pay
please explain and show work how to find these answers using a financial calculator
The 30 -year, 5.5 percent bonds issued by Modern Kitchens pay interest semiannually, mature in four years, and have an $1.000 face value. Currenly, the bonds sell for $1.020.66. What is the yleid to matunity? Multiple Choice 4926 446 246% 2685 Werden Drilling offers 5.5 percent coupon bonds with semlannial payments and a yield to maturily of 7 percent. The bonds mature in 10 years. What is the matket price per bond if the face value is $1,000 ? Miltele Chowe 189041 58945 $93763 Step by Step Solution
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