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Question (1): As a financial manager of the Alpha investment group, you are required to rank the bonds presented on the basis of YTM/YTC. Information

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Question (1): As a financial manager of the Alpha investment group, you are required to rank the bonds presented on the basis of YTM/YTC. Information on the bonds are provided below. Prepare your list from the best to worse and explain your reason for that. Seiko's bond has 20 year maturity, 9% coupon that is paying semiannually and callable in 4 years at a call price of $1070. A bond sells at a yield to maturity of 8% currently. (Calculate YTC) Wilson's bonds have 12 years remaining to maturity and pay the interest annually. The Par value of the bond is $1000 and the coupon rate is 8% and the market price of the bond is $900. Government zero-coupon bonds with face value of $1000 and maturity of 7 years and currently the price is $532.12. Jackson rentals have a bond that matures in 6 years and 8% annual coupon. The current yield of the bond is 8.21%

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