Question: Using the formula given below: Upper R Subscript bonds Baseline equals StartFraction Upper F minus Upper P Over Upper P EndFractionRbonds = F P P

Using the formula given below:
Upper R Subscript bonds Baseline equals StartFraction Upper F minus Upper P Over Upper P EndFractionRbonds =
F P
P,
if the market price of a $1 comma 0001,000-face-value discount bond changes from $925925 to $900900, the yield to maturity LOADING...
by enter your response here%.(Round your response to two decimal places.)

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