Question: a . Krannert Inc. issues a bond with a coupon rate of 7 % and a YTM of 1 0 % . If the bond

a. Krannert Inc. issues a bond with a coupon rate of 7% and a YTM of 10%. If the bond is selling for $815.66, what is the maturity of the bon
b. How much would the bond be selling for if it was a quarterly bond with a maturity of 6 years?

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