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If a ten-year bond pays a coupon of $50 annually and will repay principal of $1,000 upon maturity and: a. It trades at 'par', i.
If a ten-year bond pays a coupon of $50 annually and will repay principal of $1,000 upon maturity and: a. It trades at 'par', i. What is the price of the bond? ii. What is the coupon yield? iii. What is the yield-to-maturity (YTM)? b. It trades at a price of $900 i. What is the coupon yield? ii. What is the yield-to-maturity (YTM) [Use your 5 keys to solve]? C. It trades at a price of $1081.11 i. What is the coupon yield? ii. What is the yield-to-maturity (YTM)? [Use your 5 keys to solve)
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