Question: QUESTION 11 === E E The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9

QUESTION 11 === E E The Arnold National Bank has a

QUESTION 11 === E E The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9 % coupon rate having a face value of $1,000. These bonds are selling in the market for 51,126. Coupon payments are made annually on this band 1. What is the yield to maturity on these bonds? 2- What is duration of these bonds? For the toolbar, press ALT+F10 (PO Or ALT+FN+F10 (Mac). T 5 da 6 A 14px Arial Paragraph

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