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A Polish government bond has a 20-year maturity and a 5.5% coupon. You buy the bond at its face value, which is PLZ 10,000. A
A Polish government bond has a 20-year maturity and a 5.5% coupon. You buy the bond at its face value, which is PLZ 10,000. A year later, the yield to maturity on the bond has fallen to 5%. What is your rate of return for the year
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