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Posted on Sep 28, 2024

The yield to maturity on a 1 0 - year coupon bond ( with face value = $ 1 , 0 0 0 and annual

The yield to maturity on a

10 -

year coupon bond

(

with face value

=

1, 000

and annual coupon rate

= 3.25 %)

2.42 % .

This implies:

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