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Consider the bond (newly issued, issued on Nov 2013) for a country A: Face value $10 million Coupon rate 4.3% If this bond is purchased
Consider the bond (newly issued, issued on Nov 2013) for a country A:
Face value $10 million
Coupon rate 4.3%
If this bond is purchased (in April 2014) at $7 million, instead of $10 million, the yield would be:
6.3%
4.5%
None of the above
About 7%
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