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Six years ago you bought a bond for $850 with an original maturity of 15 years, a coupon rate of 9% (paid annually), and a

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Six years ago you bought a bond for $850 with an original maturity of 15 years, a coupon rate of 9% (paid annually), and a $1,000 par value. Today you want to sell the bond at its current price of $900. What return did you earn (realized return)? DRAW A TIMELINE TO HELP!! a. 11.00% b. 11.33% c. 12.32% (d.) 12.72% Which statement is TRUE? a. Convertible bonds are generally offered with a lower coupon rate compared to an otherwise similar bond without the feature. b. A firm will "call" their bonds when interest rates rise, but not when interest rates fall. c. A 5 -year bond will change more in price when rates change than an otherwise similar 15-year bond. d. A bond is an amortized loan

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