Question: answer question b thanks Consider a 3 year coupon bond with a face value of $100 and 5% annual coupon rate. (a) If you purchase

answer question b thanks

Consider a 3 year coupon bond with a face value of $100 and 5% annual coupon rate.

(a) If you purchase this bond at the price of $102, then what is the yield to maturity of this bond

(b) Follow part (a), if you purchase this bond and decide to hold it to maturity, then what is your expected rate of return?

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