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1. Consider two bond, each with $1,000 face value and each with four maturities. The first bond is pure discount bond that currently sells for

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1. Consider two bond, each with $1,000 face value and each with four maturities. The first bond is pure discount bond that currently sells for $816.30. The second bond currently sells for $1.110.40 and makes an annual coupon payment at a rate of 6.5% (that is, it pays $65 in interest each year). What is the bond's yield to maturity for both bonds

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