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1. A bond has a quoted price of K1,080.42. It has a face value of K1,000, a semi-annual coupon of K30, and a maturity of

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1. A bond has a quoted price of K1,080.42. It has a face value of K1,000, a semi-annual coupon of K30, and a maturity of five years. What is its current yield? What is its yield to maturity? Which is bigger? Why? 2. You're trying to choose between two different investments, both of which have upfront costs of K75,000. Investment G returns K135,000 in six years. Investment H returns K195,000 in 10 years. Which of these investments has the higher return

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