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Category > Business & Finance Posted 31 May 2017 My Price 7.00

You buy an 8% coupon,

You buy an 8% coupon, 10-year maturity bond for $980. A year later, the bond price is $1,200. a) What is the new yield to maturity on the bond? b) What is your rate of return over the year?

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Status NEW Posted 31 May 2017 05:05 AM My Price 7.00

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