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A GM and a Ford bond both have 4 years to maturity, a $ 1 , 0 0 0 par value, a BB rating and
A GM and a Ford bond both have years to maturity, a $ par value, a BB rating and pay interest semiannually. GM has a coupon rate of while Ford has a coupon rate of The GM bond trades at percent of par a What is the yield to maturity YTM bWhat should be the price of the Ford bond in $
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