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A 10-year us treasury bond with a par value of 1000 is

Question: A 10-year U.S. Treasury bond with a par value of $1,000 is currently selling for $1,015 from various security dealers. The bond carries a 7 percent coupon rate. If purchased today and held to maturity, what is its expected yield to maturity?

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Finance Basics: A 10-year us treasury bond with a par value of 1000 is

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