What is the yield to maturity of a nine-year, $5000 bond with a 7.24% coupon...
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What is the yield to maturity of a nine-year, $5000 bond with a 7.24% coupon rate and quarterly coupons if this bond is currently trading for a price of $4628.31 ? A. 8.43% B. 8.27% C. 7.28% D. 7.93% Question 14 1pts A firm issues 8-year bonds with a coupon rate of 4.7%, paid quarterly. The credit spread for this firm's 8-year debt is 1.65%. New 5 -year Treasury notes are being issued at par with a coupon rate of 6.8%. What should the price of the firm's outstanding 8 -year bonds be if their face value is $1,000 ? A. $864.28 B. $792.37 C. $805.17 D. $783.54

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