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You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. The yield to maturity on this bond is

You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. The yield to maturity on this bond is 5.3 percent. Assume semiannual compounding periods. What is the dollar price of the bond?

shburn Corporation issued 20-year bonds two years ago at a coupon rate of 8.9 percent. The bonds make semiannual payments. If these bonds currently sell for 110 percent of par value, what is the YTM?

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