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63. You purchased an annual interest coupon bond one year ago with six years remaining to maturity at the time of purchase. The coupon interest

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63. You purchased an annual interest coupon bond one year ago with six years remaining to maturity at the time of purchase. The coupon interest rate is 10% and par value is $1,000. At the time you purchased the bond, the yield to maturity was 8%. If you sold the bond after receiving the first interest payment and the bonds yield to maturity had changed to 7%, your annual total rate of return on holding the bond for that year would have been A. 7.00 %. B. 8.00%. C. 9.95% D. 11.95%. E. None of the options

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