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8. XYZ corporation has 9 percent coupon rate. It has 8 years to maturity. It...

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Finance

8. XYZ corporation has 9 percent coupon rate. It has 8 years to maturity. It makes annual payments and have a par value of $1000. If the YTM on these bonds is 7% what is the bonds price?

9. Calculate the coupon rate for the bond if the bond has 16 years to maturity a par value of $1000 and makes annual coupon payments. The price of the bond is $1051

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