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Assuming coupon interest is reinvested at a bond's YTM, what is the interest portion of an 18-year, $1,000 par, 5% annual coupon bond's return if
Assuming coupon interest is reinvested at a bond's YTM, what is the interest portion of an 18-year, $1,000 par, 5% annual coupon bond's return if it is purchased at par and held to maturity? A. $576.95 B. $1,406.62. C. $1,476.95
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