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A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%.

A) What is the yield to maturity if the bond is selling for $900?

B) What is the yield to maturity if the bond is selling for $1,000?

C) What is the yield to maturity if the bond is selling for $1,100?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91773058

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