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QUESTION 1 What is the yield-to-maturity of a 7-year, 5%-coupon bond with a price of $930.00? Assume the bond has a par value of $1,000
QUESTION 1 What is the yield-to-maturity of a 7-year, 5%-coupon bond with a price of $930.00? Assume the bond has a par value of $1,000 and pays coupons semi-annually. QUESTION 2 What is the yield-to-maturity of a 10-year, 6%-coupon bond with a price of $1015.00? Assume the bond has a par value of $1,000 and pays coupons semi-annually
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