Question: Micro - Soft Fabrics bonds have a 6 . 0 % coupon rate, semi - annual coupons, and a $ 1 0 0 par value.

Micro-Soft Fabrics bonds have a 6.0% coupon rate,
semi-annual coupons, and a $100 par value. What is
the YTM of these bonds if they have six years to
maturity and a quoted price of 101.50? What would be the quoted price of each Micro-Soft Fabrics bond if its YTM was 6.25%? What would be the quoted price of each Micro-Soft Fabrics bond if its YTM was 6.0%?

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