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suppose that on june 1 2 0 1 8 you purchased a 4 % government of canada bond maturing on june 1 2 0 2
suppose that on june you purchased a government of canada bond maturing on june for $ when its yield was the bond pays annual coupons. twelve months later, its yield to maturity had fallen to confirm that your rate of return on your investment would have been greater than the yield to maturity.
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