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Question 3 (1 point) A bond currently trades at $929 on the secondary market. The bond has 19 years until maturity and pays an annual

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Question 3 (1 point) A bond currently trades at $929 on the secondary market. The bond has 19 years until maturity and pays an annual coupon at 7% of face value. The face value of the bond is $1,000, what is the coupon (or current) yield for this bond? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843. instead of 8.43%) Your Answer Answer Question 4 (1 point) Your grandfather purchased a $1,000 face-value bond 10 years ago. When he purchased the bond, it had 30 years to maturity and a coupon rate of 6% paid annually. Now you want to sell the bond and read that the yield on similar bonds is 3.63%. What can you sell the bond for today? Your Answer Answer Question 5 (1 point)

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