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Pricing a corporate bond One year ago a $1,000 par value, 6% coupon bond was selling for $920.15. Since then, its effective yield to maturity

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Pricing a corporate bond One year ago a $1,000 par value, 6% coupon bond was selling for $920.15. Since then, its "effective yield to maturity decreased by one hundred basis points. The bond pays interest semi-annually and presently has four years remaining to maturity. Required.... a) calculate both the bond's "Effective and Approximate Yields to Maturity" for last year b) using only an Effective Yield to Maturity calculation, estimate the bond's market price today

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