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2. [10] A bond with a coupon rate 5% will mature on July 1, 2031. If this bond was quoted at 92 on July 1,

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2. [10] A bond with a coupon rate 5% will mature on July 1, 2031. If this bond was quoted at 92 on July 1, 2020. Compute the YTM of this bond, (a) [5] using the method of average; (b) [5] using excel, calculator or others

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