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A ten - year, annual payment corporate bond has a required return of 5 . 5 percent and a 4 percent coupon. Its market value

A ten-year, annual payment corporate bond has a required return of 5.5 percent and a 4 percent coupon. Its market value is $25 over its present value. What is the bond's expected rate of return?
5.89%
6.13%
4.00%
5.15%

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