Question: IMPORTANT PLEASE ............................. (d) The following table shows four different bonds. Each bond has a par value of $1,000 and pays interest annually. Bond A

IMPORTANT PLEASE .............................

IMPORTANT PLEASE ............................. (d) The following table shows four different bonds. Each

(d) The following table shows four different bonds. Each bond has a par value of $1,000 and pays interest annually. Bond A B D Market Value ($) 720 960 1,100 880 Coupon Rate (%) 0 5 4 8 Years to Maturity 10 15 9 6 Calculate the yield to maturity (YTM) for each bond. (10 marks)

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