Industries bonds have six years left to maturity

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Reference no: EM131986059

Harrimon Industries bonds have 6 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%.

What is the yield to maturity at a current market price of

1.) $817? Round your answer to two decimal places.

2.) $1,205? Round your answer to two decimal places.

Reference no: EM131986059

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