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Say you have a bond with the following characteristics: Current price: $500 Last year's price: $1500 Coupon rate: 5% Time to maturity: 10 years Face
Say you have a bond with the following characteristics:
Current price: $500
Last year's price: $1500
Coupon rate: 5%
Time to maturity: 10 years
Face Value: $1000
What is the total yield of the bond?
Group of answer choices
-190.00%
-63.33%
-105.63%
210.00%
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