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Instructions: Show all of your work for maximum credit. There are 35 points possible. For...

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Accounting

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Instructions: Show all of your work for maximum credit. There are 35 points possible. For questions with a financial calculator-show your entries, i.e., 1000 FV, 9 i/yr, etc) 1. The corporate bond of Moose Hill Inc. currently sells at $1,067.00. The bond has an annual coupon rate of 6% and a face value of $1,000. There are 17 years remaining to maturity. a) (3 points) What is the current yield of the bond? b) (4 points) What is the bond's yield-to-maturity? (You may show calculator entries here). c) (8 points) What is the capital gains yield of the bond? (Show this in two ways as in class)

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