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Question 23 to 25 . Suppose you bey a 20 -year, 8% (annual payment) coupon bond for par value and you plan to haid it

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Question 23 to 25 . Suppose you bey a 20 -year, 8% (annual payment) coupon bond for par value and you plan to haid it for 10 years. Your forecast is that the bonds yield to maturty will be 9% when it is sold and the reinvestment rate on the coupons will be 7 . for the flist five years and 8 . Q24. How much will the 10 coupon peyments grow into by the end of the first 10 years? (Round off your final answer to two digits after the decimal point. State your answer as ar. Dont put dolar sign to your antwer.) Q25. What is the realized compound return? (Round oll your final answer to two digits after the decimal point State your answer as a percentage rate

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