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Is the Yield to maturity on bond the same thing as the required return? Is the YTM the same thing as coupon rate? Suppose tiday
Is the Yield to maturity on bond the same thing as the required return? Is the YTM the same thing as coupon rate? Suppose tiday a 10% bond sells at par. Two years from now, the required return on the same bond is 8%. What is the coupon rate on the bond then? The YTM
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