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Consider a bond with a 6 % coupon rate, a 7 % yield, exactly 1 0 years to maturity, and a par value of 1
Consider a bond with a coupon rate, a yield, exactly years to maturity, and a par value of If you hold the bond for exactly two years, reinvest all coupons at the prevailing yield, and yields remain constant, what will be your annualized rate of return? Express your answer as a percentage, rounded to two decimal places eg
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