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You bought an 6.5 percent coupon, paid semi-annually, 10 year maturity bond for $970. A year later, the bond price is $1,100. What is the
- You bought an 6.5 percent coupon, paid semi-annually, 10 year maturity bond for $970. A year later, the bond price is $1,100.
- What is the yield to maturity on the bond today?
- What is the yield to maturity in one year? What do you think influenced the change in the yield to maturity?
- What is your rate of return over the year?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
