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Problem 2. Consider a 10-year, 12% coupon bond that sells for $810.00. Answer the questions in the table below: What is the YTM of the
Problem 2. Consider a 10-year, 12% coupon bond that sells for $810.00. Answer the questions in the table below: What is the YTM of the bond if it makes annual coupon payments? What is the YTM of the bond if it makes semi-annual coupon payments?
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