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If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 8 years until maturity, what will be
If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 8 years until maturity, what will be your annual return?
5.3%
5%
5.7%
6.1%
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