Question: Please show your work and write solutions in details, including formulas and how you plug numbers, given in each question, into these formulas. Please write
Please show your work and write solutions in details, including formulas and how you plug numbers, given in each question, into these formulas. Please write short verbal conclusion at the end summarizing your answer in words.
| Price | Coupon | YTM | Time to maturity
|
| ? | 0 | 2% | 1 year |
| 890 | 5% | ? | 2 years |
| 800 | ? | 5% | 3 years |
Assume semi-annual coupon payments. Find missing values in the table above.
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