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Suppose a ten-year, $1,000 bond with an 8.8% coupon rate and semiannual coupons is trading...

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Accounting

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Suppose a ten-year, $1,000 bond with an 8.8% coupon rate and semiannual coupons is trading for $1,035.93. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is %. (Round to two decimal places.) P 6-6 (similar to) Question Help The current zero-coupon yield curve for risk-free bonds is as follows: 5.73% 5.93% 6.01% Maturity (years) 1 2 YTM 5.01% 5.53% What is the price per $100 face value of a four-year, zero-coupon, risk-free bond? The price per $100 face value of the four-year, zero-coupon, risk-free bond is (Round to the nearest cent.)

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