2. Dyl inc's bonds currently sell for $1,250 and have a par value of $1,000. They...

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Answer 1

Answer #1

Price of the bond(PV) = 1250

Par value of the bond(FV) = $ 1000

Annual coupons (PMT) = $ 65

Number of periods to maturity(nper) = 15

YTM of the bond = =rate(15,65,-1250,1000 RATE(nper, pmt, pv, [fv], [type], I = 4.22%

Answer is d)

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Answer 2

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