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Yield to maturity The bond shown in the following table pays interest annually (Click on the icon here in order to copy the contents of

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Yield to maturity The bond shown in the following table pays interest annually (Click on the icon here in order to copy the contents of the data table below into a spreadsheet) Coupon interest rate Par value $100 Years to maturity 11 Current value $100 a. Calculate the yield to maturity (YTM) for the bond. b. What relationship oxists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explan. a. The yeld to maturity (TM) for me bond to % (Round to two decimal places) b. What relationship exists between the coupon Interest rate and yield to masurity and the par value and market value of a bond? Explan. (Select the best answer below) O A The market value of the bond approaches its par value as the time to maturity decines. The yield-bo-maturity acproaches the coupon interest rate as the time to maturity increases OB. The market value of the bord approaches its par value as the time to maturity decines. The yield-to-maturity approaches the coupon Interest rate as the time to maturity declines OC The market value of the bond approaches its per value as the time to maturity increases. The yield tomaturity approaches the coupon interest rate as the time to maturity decines OD. The market value of the bond approaches its par value as the time to maturity increases. The yield-to-maturity approaches the coupon interest rate as the time to maturity increases

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