Please help. Need to submit within 45 mins You buy an 6% coupon, paid...
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Please help. Need to submit within 45 mins
You buy an 6% coupon, paid annually, 5-year maturity bond for $940. A year later, the bond price is $1,120. Face value of the bond is $1,000. What is the yield to maturity on the bond today? (Round your answer to 2 decimal places.) Yield to maturity today What is the yield to maturity on the bond in one year? (Round your answer to 2 decimal places.) Yield to maturity in one year a. b. What is your rate of return over the year? (Round your answer to 2 decimal places.) Rate of return over the year
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Please help. Need to submit within 45 mins