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John owns investment A and 1 bond B . The total value of his holdings is $ 6 , 2 1 9 . 2 4
John owns investment A and bond B The total value of his holdings is $ Investment A is expected to pay annual cash flows to John of $ per year forever with the first annual cash flow expected in year from today. Investment A has anexpected return of percent. Bond B pays semiannual coupons, matures in years, has a face value of $ has a coupon rate of percent, and pays its next coupon in months. What is the yieldtomaturity for bond B
plus or minus bps
plus or minus
plus or minus
plus or minus
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