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Please help. #1 The market price of a semi-annual pay bond is $960.22. It has 13.00 years to maturity and a coupon rate of 5.00%.
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#1 The market price of a semi-annual pay bond is $960.22. It has 13.00 years to maturity and a coupon rate of 5.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) unanswered not_submitted Attempts Remaining: Infinity #2 Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, semi-annual pay bond that has a coupon rate of 8.19%. If the yield to maturity for the bond is 7.81%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not submitted Attempts Remaining: Infinity Step by Step Solution
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