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Q1. a. Is the yield to maturity on a bond the same thing as the required return? Discuss. b. Is YTM same thing as the

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Q1. a. Is the yield to maturity on a bond the same thing as the required return? Discuss. b. Is YTM same thing as the coupon rate? c. If the interest rate in the market rises, what effect will it have on the price of bond? d. A company bond sell at 87% of its par value ($1,000). The bond has a coupon rate of 4.3% paid annually and matures in 8 years. What is the yield to maturity of this bond? Marks 2+1+1+4=8

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