You purchased an annual interest coupon bond one year ago that now has six years...
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Finance
You purchased an annual interest coupon bond one year ago that now has six years remaining until maturity. The coupon rate of interest was 10%, and par value was $1,000. At the time you purchased the bond, the yield to maturity was 8%. The amount you paid for this bond one year ago was $1.092 46 $1,075,50 $1.088,50 $1,057 50 $1.104.13
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