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2 . The face value of a coupon bond is 1 0 0 0 $ , the annual coupon rate is c = 1 0
The face value of a coupon bond is $ the annual coupon rate is c the term to maturity for the bond is years, what is the yield to maturity for the following bond price?
a P y
b P y
c P y
d P y
e P y
Draw a chart to show the relationship between yield to maturity and the price of bond. Describe the relationship. Explain when the bond will be priced at premium, when
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