Ackerman Co. has 10 percent coupon bonds on the market with nine years left to maturity....

Ackerman Co. has 10 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments. If the bond currently sells for $965.16, what is its YTM? Assume a par value of $1,000

0.62%

9.39%

10.23%

9.74%

11.39%

Kiss the Sky Enterprises has bonds on the market making annual payments, with 9 years to maturity, and selling for $780. At this price, the bonds yield 7.2 percent. What must the coupon rate be on the bonds?

3.89%

7.59%

3.79%

7.20%

4.86%

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jeff jeffy answered 1 month ago

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