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Business, 09.12.2021 15:30 luella614ox1zum

You bought a 3-year coupon bond for 7,000 today. It has a coupon rate of 10% and a Face Value of 10,000. (assume annual payments end of the year) a. Write out the formula WITH NUMBERS that you would use to determine the Yield to Maturity on this bond.

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You bought a 3-year coupon bond for 7,000 today. It has a coupon rate of 10% and a Face Value of 10,...
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