Question: 8 4.34 points Problem 10-17 (Algo) A 10-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 5% Required:

8 4.34 points Problem 10-17 (Algo) A 10-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 5% Required: a. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $950. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.) Bond equivalent yield to maturity Effective annual yield to maturity b. Find the bond equivalent and effective annual yield to maturity of the bond if the i ond price is $1,000. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Check my work b. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,000. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Bond equivalent yield to maturity 5.00 % 5.06% Effective annual yield to maturity c. Find the bord equivalent and effective annual yield to maturity of the bond if the bond price is $1,050. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.) Bond equivalent yield to maturity % Effective annual yield to maturity % Check my work
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