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1. You bought an 6.5 percent coupon, paid semi-annually, 10 year maturity bond for $970. A year later, the bond price is $1,100. 1. What
1. You bought an 6.5 percent coupon, paid semi-annually, 10 year maturity bond for $970. A year later, the bond price is $1,100. 1. What is the yield to maturity on the bond today? II. What is the yield to maturity in one year? What do you think influrenced the change in the yield to maturity? III. What is your rate of return over the year
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