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10. Consider a 10-year coupon bond with 10% annual coupons. The current YTM is 7%. Suppose you buy the bond today and hold the bond
10. Consider a 10-year coupon bond with 10% annual coupons. The current YTM is 7%. Suppose you buy the bond today and hold the bond till maturity. What is the rate of return from this investment if the YTM increases from 7% to 9% after three years? A. 7% B. 9% C. 57% D. 39% E. Between 7% and 9%
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