What is the yield to maturity

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1. A 9.6 percent coupon (paid semiannually) bond, with a $1,000 face value and 21 years remaining to maturity. The bond is selling at $955. What is the yield to maturity % per year?

2. An 10.1 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $903. What is the yield to maturity % per year?

3. An 9.1 percent coupon (paid annually) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $1,053. What is the yield to maturity % per year?

Reference no: EM131011265

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