Question: Please Solve by hand! FIN 210 Ch 7 In-Class Problems 1. You buy a 12-year bond with a 4% coupon that pays semiannually with a
Please Solve by hand!

FIN 210 Ch 7 In-Class Problems 1. You buy a 12-year bond with a 4% coupon that pays semiannually with a $1,000 face value. If the YTM drops to 3.5%, what is the price of the bond? 2. You buy an 8-year bond with a 3.50% coupon that is priced at 93.50. It makes semiannual payments. What is the YTM for this bond
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