Question: NFR Inc. issues a bond with a 10% coupon, a $1,000 par value and 1 year to maturity. a) If an investor purchased the bond

  • NFR Inc. issues a bond with a 10% coupon, a $1,000 par value and 1 year to maturity.

a) If an investor purchased the bond for 100, what is the current yield?

b) If an investor purchased the bond for 90, what is the current yield?

  • DKE Inc. issues a bond with a 10% coupon, a $1,000 par value and 10 years to maturity.

a) If an investor purchased the bond for $1,000, what is the bond's YTM?

b) If an investor purchased the bond for 90, what is the YTM?

Could you use the calculator N= ,I/Y=, PV= , PMT= , FV= to solve the problems?

Please show me the work!

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