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You have a bond that has a face value of $1,000, coupon rate=15% yield = 10%. How much would you pay today for this Bond?
You have a bond that has a face value of $1,000, coupon rate=15% yield = 10%. How much would you pay today for this Bond?
2) You invest $1,297.052 today and you will get a payment of $600 in one year and $800 in two years is. What is the yield for this investment?
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