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Refer to Table 1 0 - 1 , which is based on bonds paying 1 0 percent interest for 2 0 years. Assume interest rates
Refer to Table which is based on bonds paying percent interest for years. Assume interest rates in the market yield to maturity decline from percent to percent.
What is the bond price at percent?
What What would be your percentage return on investment if you bought when rates were percent and sold when rates were percent?
Note: Do not round intermediate calculations. Input your answer as a percent rounded to decimal places.
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