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Business, 05.09.2020 04:01 pinbunny70

Which $1,000 bond has the higher yield to maturity, a twenty-years bond selling for $800 with a current yield of 15% or a one-year bond selling for $800 with a current yield of 5%?

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Which $1,000 bond has the higher yield to maturity, a twenty-years bond selling for $800 with a curr...
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