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Consider the bond (newly issued, issued on Nov 2013) for a country A: Face value $10 million Coupon rate 4.3% If this bond is purchased

Consider the bond (newly issued, issued on Nov 2013) for a country A:

Face value $10 million

Coupon rate 4.3%

If this bond is purchased (in April 2014) at $7 million, instead of $10 million, the yield would be:

6.3%

4.5%

None of the above

About 7%

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