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5. Remember that $100,000 bond with the 9% coupon and that matures in 14 years (Q2)? You got it for only $87,100. (What a steal!)

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5. Remember that $100,000 bond with the 9% coupon and that matures in 14 years (Q2)? You got it for only $87,100. (What a steal!) You hold it for one year, and then sell it for $90,400. a. What was your RORbond, 1-yr? b. What was the current yield on the bond

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