3. A 20-year maturity coupon bond with face value of $1,000 makes annual coupon payments...
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Accounting
3. A 20-year maturity coupon bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 20%. When the bond sells at 1500, the YTM is____; When the bond sells at 1000, the YTM is _____; When the bond sells at 800, the YTM is _____.
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