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Shauna is looking to buy a bond that has 10 years to maturity and a coupon rate of 8%. Her required return on the bond

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Shauna is looking to buy a bond that has 10 years to maturity and a coupon rate of 8%. Her required return on the bond is 8.50% and the current price of the bond is $923. For Shauna, what excess return does the bond offer? 1.19% 0.69% 1.19% 0.50% -0.50% -0.69%

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