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A 10-year Japanese government bond with a coupon rate of 0.10% has a yield to maturity of 0.05%. The face value of these bonds is

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A 10-year Japanese government bond with a coupon rate of 0.10% has a yield to maturity of 0.05%. The face value of these bonds is \100,000. (a)What is the price of this bond today? Assume annual coupons and that the next coupon is due in one year's time. (b)Last year the yield on 10-year Japanese government bonds was -0.15%. If you had bought this bond last year and sell it this year, what would your realized return be? (c)As a Canadian investor, explain why you might have bought the Japanese government bond last year when its yield was negative

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