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Consider a bond with a face value of $1000. Using the chart below, explain the general relationship between years to maturity, yield to maturity, and

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Consider a bond with a face value of $1000. Using the chart below, explain the general relationship between years to maturity, yield to maturity, and the current price? What is the Coupon on this Bond based on the information in the table? Explain why a normal yield curve is upward sloping? (Note: Focus on relationship between price, Yields and term not necessarily the numbers) Years to Maturity (n) Yield to Maturity (0) Current Price 2 5% 3 7% $1,037 19 $1,000.00 $1,070.92 $1,086.59 4 5% 5 5% 5 9% $922.21

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