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Bond A has a coupon rate of 9%, with a three-year maturity and a face value of $1,000. If the discount rate now or future
Bond A has a coupon rate of 9%, with a three-year maturity and a face value of $1,000. If the discount rate now or future is 9%, you want to buy bond A at year 1 and hold it until its maturity, what is the total expected return for your investment?
Select one:
a. 10.00%
b. 19.00%
c. 18.00%
d. 20.00%
e. none of the above
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