Calculate the current yield for each bond

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Jason Greg is a recent retiree who is interested in investing some of his saving in corporate bonds. Listed are the bonds

A. Bond A has a 7.5% semiannual coupon, matures in 12 years, and has a $1,000 face value.
B. Bond B has a 10% semiannual coupon, matures in 12 years,and has a $1,000 face value.
C.Bond C has an 11.5% semiannual coupon, matures in 12 years, and has a $1,000 face value.

Each bond has a YTM of 10%..
1. Before calculating the prices of the bonds, indicate whether each bond is trading a premium, discount or par.
2. Calculate the price of each of these bonds.
3.Calculate the current yield for each bond.

Reference no: EM13263975

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