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i) What is the YTM of a bond? How is it different from the coupon rate? ii) Consider a bond with a coupon rate of

i) What is the YTM of a bond? How is it different from the coupon rate? ii) Consider a bond with a coupon rate of 10% and coupons paid annually. The par value is $1000 and the bond has 5 years to maturity. The yield to maturity is 11%. What is the value of the bond? iii) Consider the bond below Is this a premium or a discount bond? What is the current yield

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