Makes semiannual coupon payments

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A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%. a. What is the bond’s yield to maturity if the bond is selling for $1,010? Enter annual yield to maturity as your answer. b. What is the bond’s yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer. c. What is the bond’s yield to maturity if the bond is selling for $1,210? Enter annual yield to maturity as your answer.

Reference no: EM13917587

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