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Yield to maturity and coupon rates i. How do they differ? What do they reflect/mean? ii. What is the relationship between YTM, coupon rates

Yield to maturity and coupon rates i. How do they differ? What do they reflect/mean? ii. What is the relationship between YTM, coupon rates and bond prices (premium and discount bonds)? iii. How are bond prices related to the overall level of interest rates?

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