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Ricardo owns investment A and 1 bond B . The total value of his holdings is $ 2 , 7 0 7 . 1 9
Ricardo owns investment A and bond B The total value of his holdings is $ Investment A is expected to pay annual cash flows to Ronish of $ per year with the first annual cash flow expected later today and the last annual cash flow expected in years from today. Investment A has an expected return of percent. Bond B pays semiannual coupons, matures in years, has a face value of $ has a coupon rate of percent, and pays its next coupon in months. What is the yieldtomaturity for bond B
plus or minus bps
plus or minus bps
plus or minus bps
plus or minus bps
none of the answers are within bps of the correct answer
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