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Solve for 1a-1e The market price is $1200 for a 10 year bond ($ 1,000 par value) that pays 9 percent annual interest, but makes

Solve for 1a-1e

The market price is $1200 for a 10 year bond ($ 1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis(4.5 percent semiannually). What is the bond's yield to maturity?

1a- What is the semiannual interest payment of the bond?

1b- What is the current market price of the bond?

1c-What is the par value of the bond?

1d- How many total periods are there in the 10 years remaining until the bond matures?

1e- What is the bond's yield to maturity?

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