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first picture has info to answer second picture Use the following information to answer the next three questions: Suppose you purchase a 20-year Treasury bond

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Use the following information to answer the next three questions: Suppose you purchase a 20-year Treasury bond with a 5% annual coupon, initially trading at par. Eight years after being issued the bond's yield to maturity has risen to 7% (EAR). Question: If instoad you hold the bond to maturity, the internal rate of retum will you earn on your irvestment in the bond is closest to? 3.23% 7.00% 5.00% 4.21% 6.43%

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