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Corporatesbond 8.75% annual coupon rate and a 10-year remaining maturity. At the time of purchase, it had an expected YTM of 9.50%. If the bond

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Corporatesbond 8.75% annual coupon rate and a 10-year remaining maturity. At the time of purchase, it had an expected YTM of 9.50%. If the bond is sold today for $1,025, approximately what rate of return was earned for the past year

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