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d. (Question 27, pg. 250) A two-year bond with par value $1000 making annual coupon payments of 100S is priced at S1000. What is the
d. (Question 27, pg. 250) A two-year bond with par value $1000 making annual coupon payments of 100S is priced at S1000. What is the yield to maturity of the bond? What will the realized compound yield to maturity be if the one-year interest rate next year turns out to be: i. ii. iii. 8% 10% 12%
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