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PLEASE SHOW ALL WORK You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The

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PLEASE SHOW ALL WORK

You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon interest rate was 10% and the par value was $1,000. At the time you purchased the bond, the yield to maturity was 8%. If you sold the bond after receiving the first interest payment and the yield to maturity continued to be 8%, your annual total rate of return on holding the bond for that year would have been None of the options 8.00% 7.82% 7.00% 11.95%

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