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A bond has 9 years to maturity, an 5% coupon, and is trading at $1098.24. Face value is $1000. If interest is paid semiannually
A bond has 9 years to maturity, an 5% coupon, and is trading at $1098.24. Face value is $1000. If interest is paid semiannually and the inflation rate is 2.2 percent, what is the yield to maturity when expressed in real terms? 0.71 percent O 0.49 percent 1.01 percent 3.22 percent 1.47 percent
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