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The Dairy Delight wants to raise $2 million by selling some coupon bonds at par. Comparable bonds in the market have a 7 percent annual
The Dairy Delight wants to raise $2 million by selling some coupon bonds at par. Comparable bonds in the market have a 7 percent annual coupon, 15 years to maturity, and are selling at 108 percent of par. What coupon rate should The Dairy Delight set on its bonds?
A Treasury bond is quoted at a price of 101:18. What is the market price of this bond if the face value is $5,000?
Market price =
You decide to purchase a zero-coupon bond for $950. The bond has a face value of $1,000 and matures in 3 years. What is the bond's YTM?
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