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Yield to maturity.What is the yield of each of the following bonds if interest (coupon) is paid Par Value Coupon Rate Years to Maturity Yield
Yield to maturity.What is the yield of each of the following bonds if interest (coupon) is paid
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
| ||
$1,000.00 | 12% | 10 | ? | $1,350.00 | |||
$1,000.00 | 11% | 10 | ? | $1,000.00 | |||
$5,000.00 | 99% | 5 | ? | $4,800.00 | |||
$5,000.00 | 6% | 5 | ? | $5,220.00 |
a.What is the yield of the following bond if interest (coupon) is paid monthly?
(Round to two decimalplaces.)
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