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Without using excel and with real computations please answer this question by showing the different steps and calculations: Exercise 2: If the first bond in
Without using excel and with real computations please answer this question by showing the different steps and calculations: Exercise 2: If the first bond in exercise 1 has a yield to maturity of 8% one year from now, what will its price be? What will be the rate of return on the bond? If the inflation rate during the year is 3%, what is the real return on the bond
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