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A government bond matures in 6 years, makes annual coupon payments of 5 % and offers a yield of 3 % annually compounded. Assume face
A government bond matures in years, makes annual coupon payments of and offers a yield of annually compounded. Assume face value is $Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
a Suppose that one year later the bond still yields What return has the bondholder earned over the month period?
Answer is complete but not entirely correct.
tableRate of return,
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