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XYZ Corporation has 8% coupon bonds with 5 years to maturity. The bonds have a YTM...

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Finance

XYZ Corporation has 8% coupon bonds with 5 years to maturity.The bonds have a YTM of 5%. What is their current market price andcurrent yield? Assume interest is paid semi-annually.

Use formula and show all work step by step.

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XYZ Corporation has 8% coupon bonds with 5 years to maturity.The bonds have a YTM of 5%. What is their current market price andcurrent yield? Assume interest is paid semi-annually.Use formula and show all work step by step.

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