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Question You just purchased a 6% semiannual coupon bond for $940. The bond matures in 7 years. Calculate the bond's YTM. Suppose one year later

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You just purchased a 6% semiannual coupon bond for $940. The bond matures in 7 years. Calculate the bond's YTM.

Suppose one year later the bond is priced at $1,005. Now what is the YTM?

If you sell the bond at this new price, what is your overall return?

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