A two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000.
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A two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000. What is the yield to maturity of the bond? What will be the realized compound yield to maturity if the one-year interest rate next year turns out to be ( a ) 8%,
( b ) 10%, ( c ) 12%?
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Related Book For 
Essentials Of Investments
ISBN: 9780697789945
8th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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