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Problem 14.9 Consider an 6.0% coupon bond selling for $969.70 with three years until maturity making annual coupon payments. The interest rates in the next

Problem 14.9 Consider an 6.0% coupon bond selling for $969.70 with three years until maturity making annual coupon payments. The interest rates in the next three years will be with certainty, 1 =6%, 12 = 8%, and 13 = 9%. Calculate the bond's (a) yield to maturity and (b) realized compound yield. (Round your answers to 2 decimal places.) Book Yield to maturity Realized compound yield Herences

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