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Question 3: Assume that today is June 8 and you found the following hypothetical bonds quoted in the market today. Assume that coupon payments are

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Question 3: Assume that today is June 8 and you found the following hypothetical bonds quoted in the market today. Assume that coupon payments are made semi-annually, the Face Value is $1000, and that the next coupon will be paid in exactly six months. Coupon Quoted Yield to Corporation Maturity Rate Price Maturity June 8, ABC Corp 4.500 112.89 2025 Tiankong 3.200 June 8, 3.45% Industries 2030 MYY Corp 3.500 June 8, 2023 ? ? ? ? a. For ABC Corp, estimate the yield to maturity and the effective annual yield (7 pts) b. Calculate the price of the Tiankong Industries' Bond (5 pts) c. Suppose MYY Corp is trading at par, what is the price and yield to maturity? (2 pts)

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