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A $1,000 par value bond with 10 years to maturity pays a coupon rate of 5%, annually. The bond's yield to maturity is 5.4% per
A $1,000 par value bond with 10 years to maturity pays a coupon rate of 5%, annually. The bond's yield to maturity is 5.4% per year. You expect the bond's yield to maturity in two years will be 4.5% p...
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