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2. What is the yield to maturity on a $1,000-face-value discount bond maturing in one year that is selling for $800 today? What would happen
2. What is the yield to maturity on a $1,000-face-value discount bond maturing in one year that is selling for $800 today? What would happen to yield to maturity if the price goes up tomorrow? Would it go up or down? Why
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
