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Evelyn is considering purchasing a 7% annual coupon bond, paid semi-annually, that has 8 years to maturity. Evelyn's required return on the bond is 5.50%

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Evelyn is considering purchasing a 7% annual coupon bond, paid semi-annually, that has 8 years to maturity. Evelyn's required return on the bond is 5.50% and she has been offered the bond at a price of $1.248. What excess return does the bond offer Evelym? 0.57 lim. 1.50% som 2.076 hame

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