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a. Consider a 6-year, 7% coupon bond selling at face value. At what yield to maturity is the bond selling? Consider that same 7% coupon
a. Consider a 6-year, 7% coupon bond selling at face value. At what yield to maturity is the bond selling?
Consider that same 7% coupon bond. If yields remain the same, one year later, at what price will the bond sell?
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