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8. A bond with a $1,000 Face Value, a 5% interest rate, a maturity date of 15 years and currently selling for $953 would give
8. A bond with a $1,000 Face Value, a 5% interest rate, a maturity date of 15 years and currently selling for $953 would give you an expected return of:
a. 5.47%
b. $1,161
c. 5.00%
d. $953
e. None of the above
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