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I need number 12 solved. This is what question 10 says. (yield to maturity) Citi

ID: 2642701 • Letter: I

Question

I need number 12 solved.

This is what question 10 says.

(yield to maturity) Citigroup has outstanding an issue of $1,000.00 face value, 8.45% coupon bonds which mature in 16 years. Calculate the bond's yield to maturity if its current market price is. a. 800 b. 1,00 c. 1,150 d. 1,300

I NEED THE FOLLOWING QUESTION ANSWERED.

Assume you purchase one Citigroup bond of problem 10, hold it for 2 years, and sell it for $1,200.00. For each of the four purchase prices given, calculate your holding-period yield.

Explanation / Answer

Please provide Current market Price information