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1. (Holding Period Yield) A few years ago, XYZ Corp. issued a bond with a par value of $1000 and annual coupon rate of 7 perc

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Answer #1
a N 40
I/Y 5.00%
FV $1,000.00
PMT 35
PV $742.61
b N 30
I/Y 4.00%
FV $1,000.00
PMT 35
PV $913.54
c N 10
FV $913.54
PMT 35
PV $742.61
I/Y 12.85%

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