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VI. The YTM (Yield to Maturity) on an 11 year bond is 5.27%. The bond has a face value of $1,000 and a coupon rate
VI. The YTM (Yield to Maturity) on an 11 year bond is 5.27%. The bond has a face value of $1,000 and a coupon rate of 7%. Interest rates are constant. a. What is PO, the price of the bond at t=0? b. What is P1, the price of the bond at t=1? c. What will the bond return equal
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