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Running head: FINANCE 1

Research Project

Name

Institution
FINANCE 2

Research Project

Question 1

$38.41

Per value = $1,000

Bond price = $1,000×$38.41 = $38,410

Question 2

Annual coupon interest = $1,000×4.9% = $49

Question 3
FINANCE 3

Current yield = Annual income/current price

= $38,410/$49 = 783.88

Question 4

6.349

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