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Suppose you purchase a 2 0 year Treasury bond with a 7 % annual coupon , initially trading at par. In 1 2 years time,
Suppose you purchase a year Treasury bond with a annual coupon initially trading at par. In years time, the bond's yield to maturity has risen to
EARAssume $ face value bond
a: If you sell the bond now what internal rate of return will you have earned on your investment in the bond
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