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QUESTION 24 PepsiCo is selling bonds for $1,100. The coupon interest rate is 7.25% and the years to maturity is 25. What is the expected

QUESTION 24

PepsiCo is selling bonds for $1,100. The coupon interest rate is 7.25% and the years to maturity is 25. What is the expected rate of return for the bond?

  1. 6.44%
  2. 5.76%
  3. 8.63%
  4. 7.75%

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