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A Bond Has a $1,000 Par Value,semiannual Interest Payments of $45,and

Question 58

Multiple Choice

A bond has a $1,000 par value,semiannual interest payments of $45,and a current market value of $1,045.The bonds mature in 11.5 years.The coupon rate is ________ percent,the current yield is ________ percent,and the yield to maturity is ________ percent.


A) 9.00; 8.61; 8.38
B) 9.00; 8.72; 8.64
C) 9.00; 8.59; 8.33
D) 9.50; 8.87; 8.73
E) 9.50; 9.12; 9.19

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