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A coupon bond of 9.2 percent with 14 years left to maturity is priced to offer a 7.10 percent yield to maturity. You believe that

A coupon bond of 9.2 percent with 14 years left to maturity is priced to offer a 7.10 percent yield to maturity. You believe that in one year, the yield to maturity will be 8.0 percent

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