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A five year bond with a 5% coupon is sold to yield 5%. you look at the yield curve and observe the following Year: 1
A five year bond with a 5% coupon is sold to yield 5%. you look at the yield curve and observe the following
Year: 1 2 3 4 5
YTM: 1% 2% 3% 4% 5%
Calculate the two possible prices for the bond.
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