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Consider a two-year bond selling for $947.23 and pays 6% coupon annually. If Interest rates during the next two years are 10% and 11%, respectively,
Consider a two-year bond selling for $947.23 and pays 6% coupon annually. If Interest rates during the next two years are 10% and 11%, respectively, what will be the realized compound yield of this bond if you hold it until maturity? O 9.1% O 8.8% O 9.0% O 8.9%
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