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A Bond Has a $1,000 Par Value,semiannual Interest Payments of $40,and

Question 72

Multiple Choice

A bond has a $1,000 par value,semiannual interest payments of $40,and a current market value of $1,054.The bonds mature in 12.5 years.The coupon rate is _____ percent,the current yield is _____ percent,and the yield to maturity is _____ percent.


A) 8.00; 7.67; 7.72
B) 8.00; 7.72; 7.64
C) 8.00; 7.59; 7.33
D) 8.50; 7.87; 7.73
E) 8.50; 8.12; 8.19

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