A 30-year maturity bond with face value of 1000 makes


A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 7.8%. (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.)

a. What is the yield to maturity if the bond is selling for $940?

 Yield to maturity              % 

b. What is the yield to maturity if the bond is selling for $1,000?

Yield to maturity               % 

c. What is the yield to maturity if the bond is selling for $1,160?

Yield to maturity               %  

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Financial Management: A 30-year maturity bond with face value of 1000 makes
Reference No:- TGS01419052

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