ces Bond Returns and YTM You buy a(n) 9.8% coupon, 7-year maturity bond for $684.54. A...
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ces Bond Returns and YTM You buy a(n) 9.8% coupon, 7-year maturity bond for $684.54. A year later, the bond price is $949.23. a. What is the new yield to maturity on the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to maturity % ces Bond Returns and YTM You buy a(n) 9.8% coupon, 7-year maturity bond for $684.54. A year later, the bond price is $949.23. a. What is the new yield to maturity on the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to maturity %
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