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A bond has 1 0 years until maturity, a coupon rate of 9 % , and sells for $ 1 , 0 0 0 .
A bond has years until maturity, a coupon rate of and sells for $ Interest is paid annually.
a If the bond has a yield to maturing of one year from now, what will its price be at that time?
b What will be the rate of return on the bond?
c If the inflation rate during the year is what is the real rate of return on the bond?
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