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A two-year bond with par value $1,000 making annual coupon payments of $90 is priced at $1,000. a. What is the yield to maturity of

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A two-year bond with par value $1,000 making annual coupon payments of $90 is priced at $1,000. a. What is the yield to maturity of the bond? (Round your answer to 1 decimal pace.) Yield to maturity 90.0% b. What will be the realized compound return if the one-year interest rate next year turns out to be (a) 7.0%, (b) 9.0 %. (c) 11.0 % ? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Interest Rate Realized Compound Return 70% 90 % 11.0%

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