Question: Show step by step using BAII plus Calculator Question 4 - Yield to Maturity [2 points]: A firms bonds make an annual coupon interest payment
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Question 4 - Yield to Maturity [2 points]: A firms bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of $1,000, a current price of $1,130, and mature in 12 years. What is the yield to maturity on these bonds?
Question 5 Zero Coupon Bond [2 points]: Consider a zero-coupon bond with a $1000 face value and ten years left until maturity. If the YTM of this bond is 10.4%, what is the price of this bond?
Question 6 - Coupon Rate [2 points]: What is the coupon rate of a two-year, $1,000 bond with semiannual coupons and a price of $954.35, if it has a yield to maturity of 6.8%?
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