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Consider a $1,000 15-years bond with a yield to maturity of 3.31% and a coupon rate of 2.68%. The bond pays semi-annual coupons. The current
Consider a $1,000 15-years bond with a yield to maturity of 3.31% and a coupon rate of 2.68%. The bond pays semi-annual coupons. The current yield on this bond is...
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