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A $1000 face value bond with a coupon rate of 5.7% paid semi-annually has 8 years to maturity, and is currently trading for $956. What
A $1000 face value bond with a coupon rate of 5.7% paid semi-annually has 8 years to maturity, and is currently trading for $956. What rate of return do investors require for holding this bond? Group of answer choices 5.70% 6.51% 7.50% 3.21%
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