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Two years ago, you bought a 10-year, 6% annual coupon paymentbond when its yield-to-maturity was 8%. Right after you purchasedthis bond, the yield-to-maturity on this
Two years ago, you bought a 10-year, 6% annual coupon paymentbond when its yield-to-maturity was 8%. Right after you purchasedthis bond, the yield-to-maturity on this bond increased to 9% andstayed 2 answers
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