Business
Business, 02.09.2019 08:30, sarahortega459

You buy a bond for $980 that has a coupon rate of 8% and a 10-year maturity. a year later, the bond price is $1,200. (assume a face value of $1,000 and annual coupon payments.)
a. what is the new yield to maturity on the bond?

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Answers: 1

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You buy a bond for $980 that has a coupon rate of 8% and a 10-year maturity. a year later, the bond...

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