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the following is the current balance sheet for a local partnership of doctors cash and current assests 8 5 0 0 0 Assume coupons are
the following is the current balance sheet for a local partnership of doctors cash and current assests Assume coupons are paid annually. Here are the prices of three bonds with year maturities. Assume face value is $
Bond Coupon
a What is the yield to maturity of each bond?
b What is the duration of each bond?
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What is the yield to maturity of each bond?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
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