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Question(s) / Instruction(s):

A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now? (Points : 1)

a.            $884.19

b.            $906.86

c.             $930.11

d.            $953.36

e.            $977.20

 

Radoski Corporation's bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of $1,000, a current price of $1,130, and mature in 12 years. What is the yield to maturity on these bonds? (Points : 1)

a.            5.52%

b.            5.82%

c.             6.11%

d.            6.41%

e.            6.73%

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