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2.Today you purchase a 9-year bond at a YTM of 10%. The bond pays coupons annually and has a coupon rate of 11%. What is
2.Today you purchase a 9-year bond at a YTM of 10%. The bond pays coupons annually and has a coupon rate of 11%. What is your 1-year rate of return if you sell the bond 1-year from now at a YTM of 10%.
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