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If a 3-year, 5% coupon, AA-rated corporate bond trades at 106 (par=100), then investors should expect that The bonds total rate of return will be
If a 3-year, 5% coupon, AA-rated corporate bond trades at 106 (par=100), then investors should expect that
The bonds total rate of return will be less than 5% over the next year
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The bonds total rate of return will be greater than 5% over the next year |
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