Problem 13-01 A $1,000 bond has a coupon of 7 percent and matures after twelve...
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Problem 13-01 A $1,000 bond has a coupon of 7 percent and matures after twelve years. Assume that the bond pays interest annually a. Wiat would be the bond's price is comparabile debt yields 9 percent? Use Appendix Band Apendix D to answer the question, Round your answer to the nearest dollar 5 b. What would be the price comparable debit yields 9 percent and the bond matures after six years? Use Appendix Band Appendix D to answer the question, Round your newer to the nearest dollar. than the principal payment of the bond c. Why are the prices different in a and ? The price of the bond in as select then the price of the bond in bos the principal payment of the bond in a select wb (in time d. What are the current yields and the yields to maturity in a and 7 Hound your answers to two decimal places The bond matures alter twelve years CY YTM The bond matures after years CY YTM
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