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2) Assume that a company issued a bond with $1,000 face value, 10% coupon rate, 20 years maturity, if this bond is sold after 5
2) Assume that a company issued a bond with $1,000 face value, 10% coupon rate, 20 years maturity, if this bond is sold after 5 years, how much this bond will be sold if the yield to maturity (YTM) is 8%? What is the current yield?
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