Please answer all the parts and questions asked in the problem (there should be at...
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Please answer all the parts and questions asked in the problem (there should be at least three questions asked). Please show all work and steps.
(Yield to maturity) A bond's market price is $1,125. It has a $1,000 par value, will mature in 8 years, and has a coupon interest rate of 12 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to maturity? What happens to the bond's yield to maturity if the bond matures in 16 years? What if it matures in 4 years
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