Last year you bought a 2 year $1,000 face value bond. You need to sell it after
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Question:
Last year you bought a 2 year $1,000 face value bond. You need to sell it after receiving the first coupon. What is the price you receive if current market rates are 4%? What is your holding period yield? Given this information, what is the YTM of the buyer of your bond?
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