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An investor purchased a 5-year Treasury note with a coupon rate of 6 percent when its yield to maturity was 5.5 percent. A year later,
An investor purchased a 5-year Treasury note with a coupon rate of 6 percent when its yield to maturity was 5.5 percent. A year later, the note was sold when its yield to maturity was 5 percent. What was the rate of return over the year?
Question 4 options: 7.256 % 4.43 % 1.38 % 4.49 %
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