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1.Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.75. You
1.Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.75. You just calculated that your HPR on the bond is 35%. Given this and a face value of $1,000, what is the coupon rate of the bond?
a.4.9%
b.6.2%
c.8.5%
d.10.6%
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