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please help me work through this, only a few left of this homework i am struggling on (Yield to maturity) A bond's market price is
please help me work through this, only a few left of this homework i am struggling on
(Yield to maturity) A bond's market price is $1,050. It has a $1,000 par value, will mature in 10 years, and has a coupon interest rate of 11 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to matunty? What happens to the bond's yleld to maturity if the bond matures in 20 years? What if it matures in 5 years? a. The bond's yield to maturity if it matures in 10 yoars is 6. (Round to two docimal places) b. The bond's yiold to maturity if it matures in 20 years is \%. (Round to two decimal places:) c. The bond's yield to maturity if is matures in 5 years is \%. (Round to two decimal places.) Step by Step Solution
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