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please show the steps for execl 3 4 0.06 5 Question 2: You buy an eight-year bond that has a 6% yield to maturity and

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3 4 0.06 5 Question 2: You buy an eight-year bond that has a 6% yield to maturity and a 8% coupon (paid annually). In one year, promised yields to maturity have risen to 7 Bond life (years) 8 Current yield to maturity 0.06 Coupon rate yield to maturity a year later 0.075 Face value $1,000 How much is the bond price now? (2 points) PO 51.000.00 10 . How much is the bond price one year later? (2 points) c. What is your holding period return points) Holding period retum

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