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A two-year bond with a par value of $1,000 has a coupon rate of 10% (annual payments) and is priced at par. What will be
A two-year bond with a par value of $1,000 has a coupon rate of 10% (annual payments) and is priced at par. What will be the realized return of holding the bond to maturity if you can reinvest the coupon at a 8% APR with semiannual compounding? Report the annualized return.
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