Question: A bond with face value $ 1 , 0 0 0 has 8 years until maturity, has a coupon rate of 8 % , and

A bond with face value $1,000 has 8 years until maturity, has a coupon rate of 8%, and sells for $1,100. A. What is the yield to maturity if interest is paid once a year? B. What is the yield to maturity if interest is paid semiannually?

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