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a three-year 9% coupon bond that pays interest semiannually is trading at par of $5000. you buy the bond expecting to hold it to maturity
a three-year 9% coupon bond that pays interest semiannually is trading at par of $5000. you buy the bond expecting to hold it to maturity abd believe you can reinvest the semi-annual coupon payment at 3.5% semi-annual rate through maturity. what is the total return on this investment annually?
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