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Problem 2: Bond prices and bond yields (2 points) a) What is the relationship between the price of a bond and its YTM? Please do

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Problem 2: Bond prices and bond yields (2 points) a) What is the relationship between the price of a bond and its YTM? Please do not give the definition of YTM.J Please do not give the definition of YTM/ b) Please compare current yield with YTM for premium and discount bonds. Fill the blanks with >, - or

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