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Vandelay Industries issued bonds with 15 years to maturity, an 8% annual coupon rate that sell for $975. Assume coupon payments are made semi-annually. 1.

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Vandelay Industries issued bonds with 15 years to maturity, an 8% annual coupon rate that sell for $975. Assume coupon payments are made semi-annually. 1. What is the current yield for Vandelay's bonds? 2. What is the YTM on Vandelay's bonds? 3. Assume that the YTM remains constant for the next 4 years. What will the price be 4years from today

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