A 9-year bond pays interest of 2610 semiannually has a face


1) What is the price of a 3 -year, 8.4 % coupon rate, $1000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.7%?

2) What is the yield to maturity of a 9.7% semiannual coupon bond with a face value of $1,000 selling for $917.25 that matures in 10 years?

3) A 9?-year bond pays interest of $26.10 semiannually, has a face value of $1,000?, and is selling for $784.91. What are its annual coupon rate and yield to? maturity?

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Finance Basics: A 9-year bond pays interest of 2610 semiannually has a face
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