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The 6 percent coupon bonds of Precision Engineering are selling for 98 percent of par value. The bonds mature in eight years and pay interest

The 6 percent coupon bonds of Precision Engineering are selling for 98 percent of par value. The bonds mature in eight years and pay interest semiannually. These bonds have current yield of _____ percent, a yield to maturity of _____ percent, and an effective annual yield of _____ percent.

Question 16 options:

1) 6.12; 6.32; 6.36
2) 6.12; 6.32; 6.42
3) 6.12; 6.36; 6.42
4) 6.23; 6.32; 6.36
5) 6.23; 6.36; 6.42

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