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Suppose an investor purchases a one - year bond today, for $ 9 6 0 . The bond promises a return of $ 1 ,
Suppose an investor purchases a oneyear bond today, for $ The bond promises a return of $ She purchases another oneyear bond, after a year, for $ that promises a return of $ What is the yield to maturity earned by the investor on the purchase of these two shortterm bonds??
Suppose an investor purchases a oneyear bond today, for $ The bond promises a return of $ She purchases another oneyear bond, after a year, for $ that promises a return of $ What is the yield to maturity earned by the investor on the purchase of these two shortterm bonds??
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