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Consider an annual coupon bond with a face value of $100. 06 years to maturity and a price of $80 the coupon rate on the
Consider an annual coupon bond with a face value of $100. 06 years to maturity and a price of $80 the coupon rate on the bond is 5% if you can reinvest coupons at a rate of 4% per annual then how much money do you have if you hold a bond to maturity.
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