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Problem Set 2: Consider a bond that promises the following cash flows. a. The yield to maturity is 8%. If you buy the bond today,

Problem Set 2: Consider a bond that promises the following cash flows. a. The yield to maturity is 8%. If you buy the bond today, how much you should pay for it? (45) 0 Year: Cash Flow 1 160 2 180 3 200 4 220 A) 560 C) 760 D) 704

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