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help please Question 16 Assume you buy a bond with the following features Bond maturity = 4 Coupon Rate = 5.00% Face Value -$1,000 Annual

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Question 16 Assume you buy a bond with the following features Bond maturity = 4 Coupon Rate = 5.00% Face Value -$1,000 Annual Coupons When you buy the bond the market interest rate = 3.00% Immediately after you buy the bond the interest rate changes to 2.00% What is the "reinvestment" effect in year 3? -$1.57 $1.53 -$1.53 $1.57

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