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You own a 1 5 year bond that pays you $ 2 5 . 0 0 semi - annually. The face value is $ 1

You own a 15 year bond that pays you $25.00 semi-annually. The face value is $1,000. The
current market price is $1,010.50. The bond matures in 6 years.
a. What is the coupon rate? _______________________________________________
b. What is the yield to maturity? (fill in the following table)
FV-
PMT ($/m)-
N (t*m)-
PV-
I/Y (r/m)-
c. What is the current yield of this bond? _______________________________________
d. Would this bond be a discount bond or a premium bond? ________________________

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