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Suppose you purchase a 20-year treasury bond with a 5% annual coupon eight years ago at par. Today the bond's yield to maturity has risen

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Suppose you purchase a 20-year treasury bond with a 5% annual coupon eight years ago at par. Today the bond's yield to maturity has risen to 6%. If you hold this bond to maturity, the internal rate of return (YTM) you will earn on your investment will be closest to: 5.0%. 8.0%. 5.6%. 6.0%

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