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7. Demonstrate the YTM on the following bond is 8%: It's a $1000 bond with an 7.5% coupon and six years to maturity, and it
7. Demonstrate the YTM on the following bond is 8%: It's a $1000 bond with an 7.5% coupon and six years to maturity, and it sells for $975. Challenge Question* Why does the bond sell at a small discount
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