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Suppose you buy a 30-year 7% coupon rate (annual payment) for $910. You plan to hold the bond for 25 years. Your forecast is that

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Suppose you buy a 30-year 7% coupon rate (annual payment) for $910. You plan to hold the bond for 25 years. Your forecast is that the bond's yield to maturity will be 5% when it is sold and that the reinvestment rate on the coupons will be 8%. What's your annualized compound return? 9.51% OA O B.2.57% 3.19% OC 6.13% D

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