Question: A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 and is selling at face value. What will be the
A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 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 6%? 8%? 10%?
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