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(Bond Valuation) you own a 10-year, $1, 000 par value bond paying 6 percent interest annually. The market price of the bond is $750, and

(Bond Valuation) you own a 10-year, $1, 000 par value bond paying 6 percent interest annually. The market price of the bond is $750, and your required rate of return is 12 percent. What is the expected rate of return of the 10-year $1,000 par value bond paying 6 percent interest annually if its market price is $750.

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