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You have paid $980.30 for an 8% coupon bond with a face value of $1,000 that mature in five years. You plan on holding the

You have paid $980.30 for an 8% coupon bond with a face value of $1,000 that mature in five years. You plan on holding the bond for one year. If you want to earn a 9% rate of return on this investment, what price must you sell the bond for? Is this realistic?

Consider a bond with a 7% annual coupon and a face value of $1,000. Complete the following table:

Years to Maturity

Discount Rate

Current Price

3

5

3

7

6

7

9

7

9

9

What relationship do you observe between yield to maturity and the current market value?

Calculate the duration of a $1,000 6% coupon bond with three years to maturity. Assume that all market interest rates are 7%.

I have all the answers, I just really need to see the calculations please!

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