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Please show work others than through excel. 2. A unique 30-year bond matures in 10 years sells for $1050, has a $1,000 face value, pays

Please show work others than through excel.

2. A unique 30-year bond matures in 10 years sells for $1050, has a $1,000 face value, pays interest monthly, and has a yield to maturity of 10.5883%.

a. (5 pts) What is the annual coupon rate?

b. (5 pts) What is the bonds current yield?

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