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Christy bought an 7% bond price at 95% of par that has 10 years until it matures. 1 year later the yield to maturity on
Christy bought an 7% bond price at 95% of par that has 10 years until it matures. 1 year later the yield to maturity on this bond is 6.9%. What return did Christy earn on this bond? options: 18.46% 11.67% 12.49% 14.18% 13.32%
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