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1. Suppose an investor currently holds two bonds. One is a five-year bond with a 5% coupon rate and annual coupons. This bond's yield to
1. Suppose an investor currently holds two bonds. One is a five-year bond with a 5% coupon rate and annual coupons. This bond's yield to maturity is 6%. The other is a 2- year bond with a 9% coupon ra...
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