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Need the answer fast, comprehensive and detailed. Make sure its correct.Otherwise, I will down rate 19. You purchased a 10-year zero-coupon bond for $900, the
Need the answer fast, comprehensive and detailed. Make sure its correct.Otherwise, I will down rate
19. You purchased a 10-year zero-coupon bond for $900, the day the bond was issued. After one year the bond price is $950. What is the yield to maturity (YTM) of the bond after one year? A) (1000/950)1/9 1 B) (1000/950)1/10 1 C) (950/900)1/9 1 D) (1000/900)1/10 1 E) (950/900)1/10 1
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