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What's the answers for these two questions? Thanks in advance! A bond has $1,000 face value, 19 years to maturity, and 5.5% annual coupon rate
What's the answers for these two questions? Thanks in advance!
A bond has $1,000 face value, 19 years to maturity, and 5.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 6.42%. What is this bond's market price? Assume the interest rate compounds semiannually. $899.83 $1,322.00 $935.32 $958.24 Question 5 2.5pts Assume there is a bond with the coupon rate of 15.2%, yield to maturity (YTM) of 9.4%, and with the face value of $1,000. Further assume that the bond will mature 9 years from now, and that the interest rate will compound semiannually. What is the bond's current market value? $1.412.34 $1.339.25 $1,392.35 $1.347.08 Step by Step Solution
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