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QUESTION 13 1. You bought an 8 percent coupon, paid annually, 10-year maturity bond for $980. A year later, the bond price is $1,100 L.
QUESTION 13 1. You bought an 8 percent coupon, paid annually, 10-year maturity bond for $980. A year later, the bond price is $1,100 L. What is the yield to maturity on the bond today? 11. What is it in one year? II. What is your rate of return over the year
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