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1. If a bond has the par value with $1000, coupon rate of 5% (paid annually), maturity of 6 years, and interest rate of 9%,

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1. If a bond has the par value with $1000, coupon rate of 5% (paid annually), maturity of 6 years, and interest rate of 9%, what is the price today for this bond? If its price right now is $950, what is its YTM? What is the difference between IRR and YTM

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