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Citigroup issued bonds that pay a coupon interest rate of 8 percent. The bonds mature in 12 years. They are selling for $805. What would

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Citigroup issued bonds that pay a coupon interest rate of 8 percent. The bonds mature in 12 years. They are selling for $805. What would be your expected rate of return (yield to maturity) if you bought the bonds? What would the current yield be? a. Your expected rate of return would be %. (Round to two decimal places.) b. The current yield would be %. (Round to two decimal places.)

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