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Suppose a discount bond (i.e. a bond which does not pay any coupons) has a face value of $1,000. Also suppose that the yield to
Suppose a discount bond (i.e. a bond which does not pay any coupons) has a face value of $1,000. Also suppose that the yield to maturity for this bond is 4.39% (effective annual rate), and that this b...
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