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Save Question 14 1 points It is now January 1, 2013, and you are considering the purchase of an outstanding bond that was issued on

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Save Question 14 1 points It is now January 1, 2013, and you are considering the purchase of an outstanding bond that was issued on January 1, 2009. It has a 7 percentual coupon and had a 30-year original maturity (li matures on December 31, 2038) There were 12 years of all protection (until December 31, 2020), after which time it can be called at 110 percent of par, or $1,100 Interest rates have increased since the bond was issued, and it is now selling at 94 percent of par, or $940. If you bought this bond, what rate of retum would you probably cam, assuming you hold the bends until they either mature or are called? O 7.00% Ob 8.0596 Oc899 Od 7.53% Oe7.67%

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