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Consider the bond (newly issued, issued on Nov 2011) for a country A: Face value $10 mil Coupon rate 4.5% Thus yield is 4.5% or
Consider the bond (newly issued, issued on Nov 2011) for a country A: Face value $10 mil Coupon rate 4.5% Thus yield is 4.5% or $450,000 If this bond is purchased (in March 2012) at $8 mil instead of $10 mil, what would be the yeild
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