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A bond has $ 1 0 0 0 par value, 2 0 years to maturity and an 8 % annual coupon and sells for $
A bond has $ par value, years to maturity and an annual coupon and sells for $
A What is its yield to maturity?
B Assume that the yield to maturity remains constant for the next two years. what will the price be two years from today?
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International Finance
Authors: Keith Pilbeam
4th Edition
0230362893, 978-0230362895
