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using financial calculator A $1,000, 9.5% coupon Government of Canada bond has 10 years remaining until its maturity. It is currently priced at 108.25 (percent
using financial calculator
A $1,000, 9.5% coupon Government of Canada bond has 10 years remaining until its maturity. It is currently priced at 108.25 (percent of face value). If the bond price abruptly rises by $25, what is the change in its yield to maturity? (Round your answer to two decimal places.) The yield to maturity will decrease byStep by Step Solution
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