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The market price of $900 for a 10 year bond ($1000 pay value) that pays 6 percent interest (3 percent semiannually) what is the bonds
The market price of $900 for a 10 year bond ($1000 pay value) that pays 6 percent interest (3 percent semiannually) what is the bonds expected rate of return?
The bonds expected annual rate of return is _____%
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