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Yield to maturity The bond shown in the following table pays interest annualy. (Click on the icon located on the top-right comer of the data

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Yield to maturity The bond shown in the following table pays interest annualy. (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Par value Coupon interest rate 9% Years to maturity Current valueD $850 a. Calculate the yield to maturity (YTM) for the bond. b. What relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explain. a. The yield to maturity (YTM) for the bond is | %. (Round to two decimal places.)

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