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A bond issued by the government matures in 10 years from now. The face value of the bond is $10,000. The price of this bond
A bond issued by the government matures in 10 years from now. The face value of the bond is $10,000. The price of this bond is $7,500. What is the bond rate (coupon rate) that you are willing to accept if you want a yield to maturity of 20:
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