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One year ago, you bought a $ 1 , 0 0 0 par value corporate bond with a 6 % annual coupon rate and a
One year ago, you bought a $ par value corporate bond with a annual coupon rate and a year maturity. The bond makes annual coupon payments. When you bought the bond, it had an expected yieldtomaturity of Today the bond sells for $ If you sold the bond today, what would be your oneyear rate of return? Please write your answer using at least decimal places. Solve using Ti
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