What is the yield to maturity on the bond today

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You buy an 6.2% coupon, paid annually, 6-year maturity bond for $930. A year later, the bond price is $1,110. Face value of the bond is $1,000

Problem 1: What is the yield to maturity on the bond today? (Round your answer to 2 decimal places.)

Problem 2: What is the yield to maturity on the bond in one year? (Round your answer to 2 decimal places.)

Problem 3: What is your rate of return over the year? (Round your answer to 2 decimal places.)

Reference no: EM132913820

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