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  3. a.) d corp. bonds bearing a coupon rate of 7.0%, p

a.) D Corp. bonds bearing a coupon rate of 7.0%, pay coupons semiannually, have five...

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Finance

a.) D Corp. bonds bearing a coupon rate of 7.0%, pay coupons semiannually, have five years remaining to maturity, and are currently priced at $1010 per bond. What is the yield to maturity?

b.) What is the market value of a bond that has a 7% coupon rate with semiannual payments, a par or face value of $1000 and a yield to maturity of 8.0% and five years to maturity?

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