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The yield curve is flat at 8%. You bought 100 bonds with a face value of $1, 000, an annual coupon of 6%, and maturity
The yield curve is flat at 8%. You bought 100 bonds with a face value of $1, 000, an annual coupon of 6%, and maturity 4 years. (a) Before doing any calculations, would you expect the bond to sell at ...
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