tyield =pricedividend; If Y=x% of 1000 , then x=1000Y in decimals; A 10-year bond matures...
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tyield =pricedividend; If Y=x% of 1000 , then x=1000Y in decimals; A 10-year bond matures in 3-years from today, has a coupon of 6\%, par 1000 and sells at \$970. (a) Without calculating, we can say that the 3-year interest rate is 6%.(>/
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