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Bolby and Slim are 2 brothers. Bolby purchased, for a $100 price, a $100 face value bond that pays interest annually at 10%. The principal

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Bolby and Slim are 2 brothers. Bolby purchased, for a $100 price, a $100 face value bond that pays interest annually at 10%. The principal is due and payable at the end of 5 years. Slim purchased, for a $100 price, a deeply discounted "zero coupon bond that pays nothing annually, but that has a final lump sum payment of $161.05 at the end of 5 years. 1) What are the yields to maturity (YTM) of both bonds? 2) Which pays a higher yield? 3) How is the YTM different than the Internal Rate of Return (IRR)

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