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10. Tort inc has issue a two-year bond with a yield of 6% per annum. The yield in its one-year bond is 4.5% if it

10. Tort inc has issue a two-year bond with a yield of 6% per annum. The yield in its one-year bond is 4.5% if it plans to issue one-year bonds next year what is the expected yield on this bond?

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