Question: I need help Solving this question thanks! (Yield to maturity) Fitzgerald's 30 -year bonds pay 7 percent interest annually on a $1,000 par value. If

I need help Solving this question thanks!

I need help Solving this question thanks! (Yield to maturity) Fitzgerald's 30

(Yield to maturity) Fitzgerald's 30 -year bonds pay 7 percent interest annually on a $1,000 par value. If the bonds sell at $865, what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually? Explain the difference. a. The bond's yield to maturity if the bond pays interest annually is 10. (Round to three decimal places.)

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