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Question 1 (of 10) value: 10.00 points Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have
Question 1 (of 10) value: 10.00 points Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000, 20 years to maturity, and a coupon rate of 7 percent paid annually If the yield to maturity is 8.1 percent, what is the current price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Price Hints References eBook & Resources Hint #1 Hint #2 Check my work value 10.00 polnts A Japanese company has a bond outstanding that sells for 91 percent of its 100.000 par value The bond has a coupon rate of 5 percent paid annually and matures in 12 years. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity Hints References eBook & Resources Hint #1 Hint #2 Check my work MGHELICE
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