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Find the current yield of a 7%, 15-year bond that's currently priced in the market at $1,250. Now, use a financial calculator to find the yield to maturity on this bond (use annual compounding). What's the current yield and yield to maturity on this bond if it trades at $1,000? If it's priced at $750? The par value of the bond is $1,000. Round your answers to two decimal places. Do not round intermediate calculations.

Current Yield Yield to Maturity Quote 7%, 15 yr., $1,250 7%, 15 yr., $1,000 7%, 15 yr., $750

If you could show the work.Thanks.

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Answer #1

1 9 , Syrs, $1250 Current yield Unter anterest Amount in the next one year Curwent market price of Bond cumentyed.x100 - 5.6011 ANTE - Percentage Wrap Text Merge & Center E OD 3D Autosum 7A Autosum. BI F S- .00 insert Delete Format Insert Delete FormQuote overy, Arro 77.154), $1250 current you current Yield 5.60% yield to maturity [Approx] 4.64% yien ato maturity Charmony

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