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Business, 18.10.2021 14:00 kayranicole1
A. What is the relationship between the price of a bond and its YTM? b. Explain why some bonds sell at a premium over par value while other bonds sell at a discount. What do you know about the relationship between the coupon rate and the YTM for premium bonds? What about for discount bonds? For bond selling at par value.
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A. What is the relationship between the price of a bond and its YTM?
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