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What is the yield to maturity for the following bonds? Assume these are bonds issued in the U.S. Use the Excel RATE function to solve.

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What is the yield to maturity for the following bonds? Assume these are bonds issued in the U.S. Use the Excel RATE function to solve. (a) 10 years to maturity, 6% coupon rate, current price is $950. (Round answer to 2 decimal places, es 52.75.) Yield to maturity 95 eTextbook and Media Savofor Later Attempts: 0 of 2 used Submit Answer (b) 16 years to maturity. O coupon rate current price is $339 (Round answer to 2 decimal places, es 5275.) Yield to maturity 25 years to maturity, 8.5% coupon rate, current price is $1,030. (Round answer to 2 decimal places, e.g. 52.75.) Yield to maturity %

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