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Show work and reasoning by writing the equation and working it down to the final answer A . An investor is considering purchasing a bond
Show work and reasoning by writing the equation and working it down to the final answer A An investor is considering purchasing a bond with a coupon interest rate, a par value of $ and a market price of $ The bond will mature in years. Based on this information, answer the following questions: What is the bond's current yield? What is the bond's approximate yield to maturity? B How much will a $ savings bond cost when you initially purchase it Then, assuming the bond earns annually, about how long will it take for the bond to reach its stated face value?
Show work and reasoning by writing the equation and working it down to the final answer
A An investor is considering purchasing a bond with a coupon interest rate, a par value of $ and a market price of $ The bond will mature in years. Based on this information, answer the following questions:
What is the bond's current yield?
What is the bond's approximate yield to maturity?
B How much will a $ savings bond cost when you initially purchase it Then, assuming the bond earns annually, about how long will it take for the bond to reach its stated face value?
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