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A government bond matures in 5 years, makes annual coupon payments of 5.8% and offers a yield of 38% annually compounded. a. Suppose that one

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A government bond matures in 5 years, makes annual coupon payments of 5.8% and offers a yield of 38% annually compounded. a. Suppose that one year later the bond still yields 3.8%, what return has the bondholder eamed over the 12-month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Rate of retun b. Now suppose that the bond yields 2.8% at the end of the year. What return did the bondholder earn in this case? (Do not round intermediate calculations. Enter your answer as a percent rounded 2 decimal 3.8% places.) Rate of retun

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