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A two year bond with par value of R1000, making annual coupon payments of R110 is priced at R1000. What is the yield to maturity
A two year bond with par value of R1000, making annual coupon payments of R110 is priced at R1000. What is the yield to maturity of the bond? what will be the realized compound yield to maturity if the one-year interest rate next year turns out to be a).9%, b)11%, c)11%
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