Question: Answer rate problems in percent form. Round to 2 decimal places. Last year a firm issued 20 -year, 8% annual coupon bonds at a par

Answer rate problems in percent form. Round to 2 decimal places.

Last year a firm issued 20 -year, 8% annual coupon bonds at a par value of $1000. Suppose that 1 year after issue the going market interest rate is 10%. What would the price of the bonds be? Question 10 Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, anc have a $1,000 par value and a coupon rate of 9%. What is the YTM at a current marl $829

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