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QUESTION 8 A coupon bond that pays interest of $75 annually has a par value of $1000, matures in 3 years, and is selling today
QUESTION 8 "A coupon bond that pays interest of $75 annually has a par value of $1000, matures in 3 years, and is selling today at $975. The yield to maturity on this bond is Note: Express your answers in strictly numerical terms. For example, if the answer is 5, write 0.05 QUESTION 9 * A coupon bond that pays interest of $40 annually has a par value of 51000, matures in 3 years, and is selling today at a $65 premium from par value. The yield to maturity on this bond is Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05
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