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ABC Software has 8 percent coupon bonds on the market with ten years to maturity....

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ABC Software has 8 percent coupon bonds on the market with ten years to maturity. The bonds make semiannual payments and currently sell for 95 percent of par. Question 1 1 pts (a) Is this a discount bond or premium bond? Discount bond Premium bond Question 2 1 pts (b) Should YTM be higher than the coupon rate, or lower? Higher Lower Question 3 1 pts (c) What is the YTM of this bond in percentage? (keep two decimal points, for example, if your answer is 2.34%, write 2.34 as the answer) D Question 4 1 pts (d) What is the current yield of this bond in percentage? (keep two decimal points, for example, if your answer is 2.34%, write 2.34 as the answer) Question 5 1 pts (e) What is the EAY of this bond in percentage? (keep two decimal points, for example, if your answer is 2.34%, write 2.34 as the answer)

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