QUESTION 10 Walmart has a 5.9% coupon 25 year bond (par value - 1,000). Assume that...

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business finance

Answer 1

Answer #1

Function Arguments ? X RATE Nper Pmt 25*2 59/2 -1020.5 1000 o 1 1 1 1 = 50 = 29.5 = -1020.5 = 1000 Pv FV Type = 0.028722476 R

Hence, Yield to maturity is 5.74 or 5.7 (2.87%*2)

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Answer 2

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