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4 question 4. Which $1000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 15% or

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4 question

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4. Which $1000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 15% or a 1-year bond selling for $800 with a cu rent yield of 5%? Ans 5. Consider a coupon bond that has a $1000 par value and a coupon rate of 10%. The bond is

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