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Question;1. 10-year, 12% coupon bond that pays interest annually is currently selling for $1,083. What is the yield to maturity of the bond? [The face value of the bond is $1,000]2. A 3-year bond with 10% coupon rate and $1000 face value has an yield to maturity of 8% (APR). Assuming annual interest payments, calculate the price of the bond.3. A four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $870.51, calculate the current yield and yield to maturity of the bond (assume annual interest payments). Also, indicate whether the bond is a discount bond or a premium bond or a par bond

 

Paper#50764 | Written in 18-Jul-2015

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