Question: Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 3, Problem P13... Part 1 of 3 HW Score: 0%, 0 of 50 points O Points: 0 of

Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 3, Problem P13... Part

Homework: 8-3 MyFinanceLab: Assignment: Module Ei... Question 3, Problem P13... Part 1 of 3 HW Score: 0%, 0 of 50 points O Points: 0 of 6 Sa par value of $1,000, and a market price of $856.19. The bond will mature in nine years. Based on this information, answer the following questions: An investor is considering purchasing a bond with a 6.52 percent coupon interest rate, a. What is the bond's current yield? b. What is the bond's approximate yield to maturity? c. What is the bond's yield to maturity using a financial calculator? a. The bond's current yield is % (Round to two decimal places.)

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