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What is the approximate yield to maturity for a $1000 par value bond selling for $925 that matures in 8 years and pays a 10 percent coupon that is paid semi annually?

What is the current price of a $1000 par value bond maturing in 12 years with a coupon rate of 14 percent, paid semiannually, that has a YTM of 13 percent?

If the required return on a bond is higher than the coupon rate, this bond will sell at a _____________?

par

discount

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  • Category:- Financial Management
  • Reference No.:- M91592548

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