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Alton purchased Bond C one year ago when the price was $1,310. Today, the price of the bond is $970. Assuming the bond is priced

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Alton purchased Bond C one year ago when the price was $1,310. Today, the price of the bond is $970. Assuming the bond is priced correctly, how has the yield to maturity (YTM) changed over the last year? YTM decreased YTM stays the same YTM increased Not enough information to determine

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