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1A) Calculate the yield to maturity (i.e., YTM) for the following bond. The bond matures in...

1A) Calculate the yield to maturity (i.e., YTM) for the following bond. The bond matures in 18 years, has a coupon rate of 8.8% with semi-annual payments. The par value of the bond is $1000, while the current market value equals $653.08. (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)

1B) How much would you pay for a zero coupon bond with a par value of $1000, a maturity of 5 years, if your required rate of return is 8.4%? Assume annual discounting. (Round your answer to the nearest penny.)

1C) What is the current yield on a zero coupon bond with a remaining life of 9 years, a yield to maturity of 8.3%, and a par value of $1000? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.)

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