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1 pts D Question 6 What is the value of a bond with a par value of $1,000, a coupon rate of 9.25%, and a yield to maturity of
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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

А B с 1 2 3 4 5 6 7 Par value of Bond Coupon rate Maturity in years Yield to maturity $1,000.00 9.25% 16 6.70% Value of Bond

Cell reference -

JX A B с 1 1000 0.0925 2 3 4 5 6 Par value of Bond Coupon rate Maturity in years Yield to maturity 16 0.067 Value of Bond =RO

Hope it will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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