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Question 5 2 pts Prices and yields move in opposite directions. Their company issued 10-year bonds at $1,000 each two years ago at a coupon
Question 5 2 pts Prices and yields move in opposite directions. Their company issued 10-year bonds at $1,000 each two years ago at a coupon rate of 6 percent. The bonds make annual payments. If these bonds currently sell for 90% of par value what is the yield to maturity? (rounded to the nearest tenth of one percent i.e. .01) 3.85% 4.50%. 7.70% 8.00% 9.10% Question 6 2 pts Incorporated has 6 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. If the yield to maturity on these bonds is 5 percent, what is the current bond price? (rounded to the nearest dollar) $926. $1,000 $1,077. $1,386
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