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Use the financial calculator to estimate the Yield to maturity on a 10% coupon Rate Bond maturing in 30 years to be paid annually if

Use the financial calculator to estimate the Yield to maturity on a 10% coupon Rate Bond maturing in 30 years to be paid annually if the bond is selling at the following prices:

Price of Bond ($)	YTM (%)
1,100
1000
900

a. Describe the relationship of the YTM, the coupon rate and the price of a bond.

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