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An investor owned a 9 percent annual payment coupon bond for six years that was originally purchased at a 9 percent required return. She redeemed

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An investor owned a 9 percent annual payment coupon bond for six years that was originally purchased at a 9 percent required return. She redeemed the bond at par at maturity. What was her annual realized rate of return if she reinvested the coupons and earned 9 percent on each coupon? What was her annual realized rate of return if she did not reinvest any coupons (she kept the money under her mattress)? What was her annual realized rate of return if she did reinvest the coupons but only earned 5 percent on each coupon? Why are your answers in B and C are not equal to the answer in A

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