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bonds pay 10 percent interest for 20 years. Assume interest rates in the market (yield to maturity) increase from 9 to 12 percent. c. What
bonds pay 10 percent interest for 20 years. Assume interest rates in the market (yield to maturity) increase from 9 to 12 percent. c. What would be your percentage return on the investment if you bought when rates were 9 percent and sold when rates were 12 percent? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
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