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A bond pays a semi-annual coupon at a rate of 5%. It has a par value of $1,000 and matures in 10-years. If you buy

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A bond pays a semi-annual coupon at a rate of 5%. It has a par value of $1,000 and matures in 10-years. If you buy the bond at par, what is the yield to maturity on the bond? Two years later, interest rates on similar risk bonds decrease to 2%, what price would you expect to pay for the same bond

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