Question: A 10 -year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 9%. Required: a. Find the bond equivalent

A 10 -year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 9%. Required: a. Find the bond equivalent and effective annual yield to malurity of the bond if the bond price is $950. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. 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.) b. Find the bond equivalent and effective annual yield to merurity of the bond if the bond price is $1,000. (Do not round intermediate catcutations. Round your answers to 2 decimal places.) Answer is complete and correct. c. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,040. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.) Answer is complete but not entirely correct
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