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Q5: Consider a bond issued by Toyota with a maturity date of 2020 and a 4.35% coupon rate with annual coupon payment. Its face value

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Q5: Consider a bond issued by Toyota with a maturity date of 2020 and a 4.35% coupon rate with annual coupon payment. Its face value is $1,000. In December 2015, with 5 years left to maturity, investors owning the bonds are requiring a 3.6% rate of return. What is its yield to maturity if the market price is $1,020 in Dec 2015? Continued with the example. What is its yield to maturity if the bond has semi-annual coupon instead of annual coupon payment? Q5: Consider a bond issued by Toyota with a maturity date of 2020 and a 4.35% coupon rate with annual coupon payment. Its face value is $1,000. In December 2015, with 5 years left to maturity, investors owning the bonds are requiring a 3.6% rate of return. What is its yield to maturity if the market price is $1,020 in Dec 2015? Continued with the example. What is its yield to maturity if the bond has semi-annual coupon instead of annual coupon payment

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