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3 years later, the above bond is sold when 7-year treasuries are yielding 4% and 7-year credit spread is 50 bps. What is the price
3 years later, the above bond is sold when 7-year treasuries are yielding 4% and 7-year credit spread is 50 bps. What is the price of the bond and the total annual return over the 3 years?
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