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Assume that you are buying a consol. The consol pays $200 a year. You pay $4,000 for the bond. What is the yield to maturity of the bond

Assume that you are buying a consol. The consol pays $200 a year. You pay $4,000 for the bond. What is the yield to maturity of the bond?

Apr 12 2021 View more View Less

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