A 9-year bond pays interest of 2670 semiannually has a face


Springfield Nuclear Energy Inc. bonds are currently trading at ?318.33. The bonds have a face value of ?$1,000?, a coupon rate of 1.5?% with coupons paid? annually, and they mature in 25 years. What is the yield to maturity of the? bonds?

Beam Inc. bonds are trading today for a price of ?$2,124.22. The bond pays annual coupons with a coupon rate of 8.5?% and the next coupon is due in one year. The bond has a yield to maturity of 2.44?%. How many years are there until the bond? matures?

A 9-year bond pays interest of $26.70 ?semiannually, has a face value of $1,000?, and is selling for $762.49. What are its annual coupon rate and yield to? maturity?

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Finance Basics: A 9-year bond pays interest of 2670 semiannually has a face
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