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Business, 03.04.2020 22:15 caitlynnoc1678

An XYZ April 2034 bond with a 7.35 percent coupon interest rate and a par value of $1 comma 000 recently had a price of 99.238. Calculate the following: a. When will the bond mature? b. How much would you have to pay to purchase this bond? c. If you owned the bond, how much would someone have to pay to but it from you? d. What is the current yield, assuming a closing price of 98.97?

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An XYZ April 2034 bond with a 7.35 percent coupon interest rate and a par value of $1 comma 000 rece...

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