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QUETION 14 Ms. Jennifer Lawrence bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semi-annually. Today, the

QUETION 14

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Ms. Jennifer Lawrence bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semi-annually. Today, the bond is priced at $961.92. If she sold the bond today, what would be her realized annual yield? a. 16.62 percent b. 16.46 percent c. 16.95 percent d. 15.00 percent e. 17.32 percent

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