Question: A bond maturing in three months has a principal value of $100, a coupon payment of $10, and sells for $102. What is its yield?

A bond maturing in three months has a principal value of $100, a coupon payment of $10, and sells for $102. What is its yield? A bond maturing in three months has a principal value of $100, a coupon payment of $10, and sells for $102. What is its yield?

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