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suppose you bought a 10-year $1000 face value bound for $1004 one year ago. The annual coupon rate is 7% and interest payments are paid
suppose you bought a 10-year $1000 face value bound for $1004 one year ago. The annual coupon rate is 7% and interest payments are paid annually. if the price today is $932 the yield to maturity must have changed from ______to_________
A 6.94%; 8.01%
B 8.12%; 6.94%
C 7.12%; 8.11%
D 7.06%; 8.12%
E none of the above
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