A 625 percent coupon bond with 19 years left to maturity is


1. A 4.70 percent coupon bond with 15 years left to maturity is offered for sale at $953.91. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)

Yield to Maturity

2. A 6.25 percent coupon bond with 19 years left to maturity is offered for sale at $1,095.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)

Yield to maturity %

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Financial Management: A 625 percent coupon bond with 19 years left to maturity is
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