Question: Please answer If you know how to correctly solve. Please include formula and how to solve it. (Or with excel formula) QUESTION 1 What is
Please answer If you know how to correctly solve. Please include formula and how to solve it. (Or with excel formula)
QUESTION 1 What is the yield-to-maturity of a bond with a coupon rate of 9.2%, par value of $1000, 6 years until maturity, and a value of $987.72 if coupons are paid annually with the next one due in one year? (Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55 and enter the positive value) QUESTION 2 What is the yield-to-maturity of a Patriot Theaters bond with a coupon rate of 12.3%, par value of $1000, 22 years until maturity, and a price of $1234.61 if coupons are paid semi-annually with the next one due in 6 months?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55)
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