Question: (1 point) (Exercise 6.10) Determine the following for a $100 par value 15 -year bond with the yield rate 5% convertible semiannually, and coupons at

(1 point) (Exercise 6.10) Determine the following for a $100 par

(1 point) (Exercise 6.10) Determine the following for a $100 par value 15 -year bond with the yield rate 5% convertible semiannually, and coupons at 7% convertible semiannually, which will be redeemed at $112 : a) Nominal yield, based on the par value. ANSWER= % b) Nominal yield, based on the redemption value. ANSWER= % C) Current yield. ANSWER= % d) Yield to maturity. ANSWER= %. (1 point) (Exercise 6.10) Determine the following for a $100 par value 15 -year bond with the yield rate 5% convertible semiannually, and coupons at 7% convertible semiannually, which will be redeemed at $112 : a) Nominal yield, based on the par value. ANSWER= % b) Nominal yield, based on the redemption value. ANSWER= % C) Current yield. ANSWER= % d) Yield to maturity. ANSWER= %

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