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Hi please help me to figure out this question. thank you! Assume an investor purchased a fixed-coupon bond at a time when the bond's yield
Hi please help me to figure out this question. thank you!
Assume an investor purchased a fixed-coupon bond at a time when the bond's yield to maturity was 6.9%. Further assume the investor sold the bond prior to maturity and realized a total return of 7.1%. Which of these most likely occurred while the investor owned the bond?
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