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Question 3 Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 7 years to maturity, and selling for $1,071. At this
Question 3 Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 7 years to maturity, and selling for $1,071. At this price, the bonds yield 3.2 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123) 0.2104 Question 4 1 out of 1 pts 703.11 0 out of 1 pts Grohl Co. issued 25 year bonds 5 years ago at a coupon rate of 5 percent. The bonds make semiannual payments. If the YTM on these bonds is 8 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)
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