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A bond has 8 years until maturity, a coupon rate of 8%, and sells for $1,100. a) If the bond has a yield to maturity
A bond has 8 years until maturity, a coupon rate of 8%, and sells for $1,100. a) If the bond has a yield to maturity of 8% 1 year from now, what will its price be? b) What will be the rate of return on the bond? c) If the inflation rate during the year is 3%, what is the real rate of return on the bond
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