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You buy an 8.1% coupon. paid annually. 11-year maturity bond for $985.A year iater, the bond price is $1.095. Face value of the bond is
You buy an 8.1% coupon. paid annually. 11-year maturity bond for $985.A year iater, the bond price is $1.095. Face value of the bond is $1,000. a). What is the yield to maturity on the bond today? b). What is the yield to maturity on the bond in one year? c). What is your rate to return over a year
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