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6. You are willing to pay $900 for a ten-year bond with a $1,000 par value and a coupon interest rate of 8% p.a. What

6. You are willing to pay $900 for a ten-year bond with a $1,000 par value and a coupon interest rate of 8% p.a. What is your expected rate of return? (HINT: Where there is no indication how often the coupon interest amounts are paid you should assume semi annual payments.) Based on Titman et al. (2019) Financial Management, Chapter 9 Problem 9-7. using BA II calculator.

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