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Assume that 1 0 years ago you purchased a $ 1 , 0 0 0 bond for $ 9 2 2 . The bond pays
Assume that years ago you purchased a $ bond for $ The bond pays percent interest and will mature this year.
a Calculate the current yield on your bond investment at the time of the purchase.
Note: Enter your answer as a percent rounded to decimal places.
b Determine the yield to maturity on your bond investment at the time of purchase.
Note: Enter your answer as a percent rounded to decimal places.
tablea Current yield,
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