Question: A 2-year maturity bond with $1,000 face value makes annual coupon payments of $65 and is selling at face value. What will be the rate

A 2-year maturity bond with $1,000 face value makes annual coupon payments of $65 and is selling at face value. What will be the rate of return on the bond if its yield to maturity at the end of the year is

a. 6%?

b. 8%?

c. 10%?

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