If a bond's yield to maturity does not change, the return on the bond each year will

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If a bond's yield to maturity does not change, the return on the bond each year will be equal to the yield to maturity. Confirm this for both a premium and a discount bond using a

4 -

year

3.1

percent coupon bond with annual coupon payments and a face value of $

1, 000 .

Assume the yield to maturity is

2.1

percent.

Assume the yield to maturity is

4.1

percent.

Posted Date: May 19, 2024 04:00 AM

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If a bond's yield to maturity does not change, the return on the bond each year will

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