Suppose you buy a bond with a face value of $1,000 for $900 and receive an...
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Suppose you buy a bond with a face value of $1,000 for $900 and receive an annual interest payment of $50. What is the yield of this bond you have purchased? Suppose you buy a bond with a face value of $1,000 for $900 and receive an annual interest payment of $50. What is the yield of this bond you have purchased?
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