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Bond 1,100 1,080 1,090 100 80 90 97 36 Assume a bond with cash flows of $100 each year and a principal in five years

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Bond 1,100 1,080 1,090 100 80 90 97 36 Assume a bond with cash flows of $100 each year and a principal in five years and a current price of $960. What is A. Its current yield? payment of $1,000 B. Its yield to maturity? Researchers have used a generalized polynomial curve fitting to estimate this relationship: we ee

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