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What is the expected rate of return on a bond that matures in 6 years, has a par value of $1,000, a coupon rate of
What is the expected rate of return on a bond that matures in 6 years, has a par value of $1,000, a coupon rate of 9%, and is currently selling for $935? Assume coupons are paid annually. 9.0% 10.5% 12.7% 14.5
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