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5. A six-year annual payment corporate bond has a required return of 9.5 percent and an 8 percent coupon. Its market value is $20 over
5. A six-year annual payment corporate bond has a required return of 9.5 percent and an 8 percent coupon. Its market value is $20 over its PV. What is the bond's E(r)?
A) 8.00 percent B) 10.21 percent C) 9.98 percent D) 9.03 percent E) 3.53 percent
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