Assume a 10000 bond with a coupon rate of 45 and 5 years


Assume a $10,000 bond with a coupon rate of 4.5 % and 5 years to maturity is priced at $9,800.

(a) What is its approximate YTM?

(b) What is the investor's rate of return?

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Microeconomics: Assume a 10000 bond with a coupon rate of 45 and 5 years
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