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Question 2 2 pts Highland Corp., a U.S. company, has a 6 year bond whose yield to maturity is 7 percent. The bond has no
Question 2 2 pts Highland Corp., a U.S. company, has a 6 year bond whose yield to maturity is 7 percent. The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places. Question 3 2 pts Rockinghouse Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $439.76. Assuming annual coupon payments, what is the yield to maturity on these bonds? O 7.14% O 12.45% O 13.29% O 6.23%
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