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3. You buy a 10 year discount bond today for $1100. It has a face value of $1000. a. What is the YTM? b. If

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3. You buy a 10 year discount bond today for $1100. It has a face value of $1000. a. What is the YTM? b. If interest rates on similar bonds are 5% at the end of the fifth year and you decide to sell it How much will you be able to sell it for? C. What is your rate of return on this stream of payments? 3. You buy a 10 year discount bond today for $1100. It has a face value of $1000. a. What is the YTM? b. If interest rates on similar bonds are 5% at the end of the fifth year and you decide to sell it How much will you be able to sell it for? C. What is your rate of return on this stream of payments

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