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Return to question A two-year bond with par value $1,000 making annual coupon payments of $94 is priced at $1,000. a. What is the yield
Return to question A two-year bond with par value $1,000 making annual coupon payments of $94 is priced at $1,000. a. What is the yield to maturity of the bond? (Round your answer to 1 decimal place.) Answer is complete and correct. Yield to 9.4 % maturity b. What will be the realized compound yield to maturity if the one-year interest rate next year turns out to be (a) 7.4%, (b) 9.4%, (c) 11.4%? (Do not round intermediate calculations. Round your answers to 2 decimal places.) X Answer is complete but not entirely Interest Realized Rate YTM 7.4 % 11.26 % 9.4 % 9.40% 11.4 % 7.60 %
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