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detailed steps please 2. Consider a coupon bond that has a face value of $200, a coupon rate of 10%, and has 3 years to

detailed steps please
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2. Consider a coupon bond that has a face value of $200, a coupon rate of 10%, and has 3 years to maturity. Suppose the bond is currently trading at $210. a) Using a bond-pricing equation show how you would calculate this bond's yield to maturity. Given the bond is trading at a premium (i.e. above face value), state whether the yield on the bond is below or above 10%? [You don't actually need to calculate the yield.) 8

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