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The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. Ifthe price of the

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The price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. Ifthe price of the bond then rises by $200, what will be the interest rate yield to a new buyer of the bond? Multiple Cholce 18.8 percent 12 5 percent 15 percent 5.3 percent 0000

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