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QUESTION 2 You purchased a 75 year annual interest coupon bond 2 year ago, its coupon interest rate was 9.5%, and its par value was

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QUESTION 2 "You purchased a 75 year annual interest coupon bond 2 year ago, its coupon interest rate was 9.5%, and its par value was 51000. At the time you purchased the bond, the yield to maturity was 916. If you sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to your annual total rate of return on holding the bond for that year would have been approximately

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