Question: I'm having a difficult time with these formulas for finances. I keep getting the incorrect answer. 1. What is the price of a 3-year, 8.2%
I'm having a difficult time with these formulas for finances. I keep getting the incorrect answer.
1. What is the price of a 3-year, 8.2% coupon rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 12.4%?

What is the yield to maturity of a 9.3% semiannual coupon bond with a face value of $1,000 selling for $861.73 that matures in 11 years? The annual yield to maturity of the bond is: (Select the best choice below.) O A. 11.552% O B. 9.588% O C. 12.361% OD. 12.014% O E. 11.205%
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