Question: Problem 6-11 Bond Pricing (LO2) A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.80%.

Problem 6-11 Bond Pricing (LO2) A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.80%. (Do not round Intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.) a. What is the yield to maturity if the bond is selling for $1,030? Yield to maturity % b. What is the yield to maturity if the bond is selling for $1,000? Yield to maturity

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