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Suppose that 5 years ago today, you bought a 6 % ten - year bond with a face value of $ 1 0 0 and
Suppose that years ago today, you bought a tenyear bond with a face value of $ and annual coupons with a yield at per year. Since then, you have deposited the coupons in a bank at interest per year. Today you sell the bond at a yield of per year. What is the annual return of your investment?
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