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USE EXCEL FORMULAS (PV) You buy a 20-year bond with coupon rate of 9% that has a yield to maturity of 10% (assume a face

USE EXCEL FORMULAS (PV)

You buy a 20-year bond with coupon rate of 9% that has a yield to maturity of 10% (assume a face value of $1,000 and semiannual coupon payments). Six months later, the yield to maturity is 11%. What is your return over the 6 months?

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