Question: Question 2 (1 Mark) Consider a bond with a face value F = $1,000, a coupon rate of 8% and a maturity of 2 years.

Question 2 (1 Mark)

Consider a bond with a face value F = $1,000, a coupon rate of 8% and a maturity of 2 years. Suppose the bond is trading at 1,010. What is the bonds yield to maturity (YTM)? (1 Mark)

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