Question: [ Chapter 3 . 5 ] Answer the below questions. ( a ) Show the cash flows for the following two bonds, each of which

[Chapter 3.5] Answer the below questions.(a) Show the cash flows for the following two bonds, each of which has a par value of $1,000 and pays interest semiannually.Bond Coupon Rate (%) Number of Years to Maturity PriceY94 $967.70 Z010 $456.39(b) Calculate the yield to maturity for the above bonds [Hint: manually calculate YTM of bond Y by a trial-and-error procedure. ]

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