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AEP's bonds currently sell for $960. They have a 6.35% annual coupon rate and a 20-year maturity. What rate of return should an investor expect
AEP's bonds currently sell for $960. They have a 6.35% annual coupon rate and a 20-year maturity. What rate of return should an investor expect to earn if he or she purchases these bonds? Group of answer choices 6.72% 7.46% 5.51% 5.98% 6.52%
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