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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities: Bond Coupon (%) Price (%) 2 83.00 4 102.00 8
Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities:
Bond Coupon (%) | Price (%) |
2 | 83.00 |
4 | 102.00 |
8 | 133.00 |
a. | What is the yield to maturity for each bond? (Round your answers to 1 decimal place.)
|
Please show CLEAR explanation for (2,4,8)?
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