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Q22 (4 pts) A three-year coupon bond with 10% annual coupons is selling for $1,100. If you purchase this bond and reinvest each of your

image text in transcribed Q22 (4 pts) A three-year coupon bond with 10% annual coupons is selling for $1,100. If you purchase this bond and reinvest each of your coupon payments at a 5% interest rate, what will be your realized compounded annual return over the three-years? A. 6.00% B. 6.14% C. 9.56% D. 10.00% E. 19.57%

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