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Running Head Bond Yield To Maturity
969 wordsRunning Head: Bond Yield-to-Maturity Bond Yield-to-Maturity (Authors Name) (Institution Name) Introduction This assignment pertains to a coworkers purchase of a 10 % bond that she had purchased and the subsequent discussion she had with her broker who with insistence kept repeating that it had a 9 % yield, therefore, this assignment clarifies the confusion related to the issue as follows: Example As and example, we shall imagine our interest in buying a bond at a market price that's different fr...
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