What is the bond yield to maturity

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A 30-year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 9.80%. (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.)

a. What is the bond’s yield to maturity if the bond is selling for $1,080?

  Yield to maturity %

b. What is the bond’s yield to maturity if the bond is selling for $1,000?

  Yield to maturity %

c. What is the bond’s yield to maturity if the bond is selling for $1,280?

  Yield to maturity %

Reference no: EM132007371

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