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A 2 - year maturity bond with face value of $ 1 , 0 0 0 makes annual coupon payments of $ 1 0 4
A year maturity bond with face value of $ makes annual coupon payments of $ and is selling at face value. What will be the
rate of return on the bond if its yield to maturity at the end of the year is:
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
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