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Use the following information for questions 1-4: You are considering the purchase of a bond with the following features: Exactly 15 years to maturity 5%
Use the following information for questions 1-4: You are considering the purchase of a bond with the following features: Exactly 15 years to maturity 5% coupon, paid semi-annually . The current yield to maturity on the bond is 7% Par value = $100 Choose the answers that best fills in the blanks in the following statements: a) (2 points) The current price of the bond is Answer: Select) b) (2 points) Because this bond is priced at if the yield to maturity remains constant, the price of the bond will as it approaches Answer: Select Use the following information for questions 1-4: nd with the following features: You are [Select] . 117.27 Exact . 5% a The 127.59 bond is 7% Parv 88.48 Choose 81.61 blanks in the following statements: a) (2 poir 100 bis Answer: [Select] Par value $100 Choose [Select) blanks in the following statements: a) (2 poir Par. Will not change dis Discount, Increase Answer: Premium. Increase Premium. . Decrease b) (2 poll Discount, Decrease ht if the yield to maturity remains constant, the price of the bond will as it appro AnswerSelect
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