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An 9 year government bond makes annual coupon payments of 4 k and offers a yield of as annually compounded. 5 uppose that one year

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An 9 year government bond makes annual coupon payments of 4 k and offers a yield of as annually compounded. 5 uppose that one year later the bond yields ak, what returns has the bondholder earned over the 12 -month period? 68%8.0%19.651935

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