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Question 2. An investor purchases a 3 year, 5% annual coupon bond at $96.804218 per $100 of par value and sells it 1 year later.

Question 2. An investor purchases a 3 year, 5% annual coupon bond at $96.804218 per $100 of par value and sells it 1 year later. The bond's yield-to-maturity goes up from 6.20% to 6.99% after the purc...

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