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What is the rate of return for an investor who buys a 3-year bond with a 7% coupon rate at a YTM of 5% and
What is the rate of return for an investor who buys a 3-year bond with a 7% coupon rate at a YTM of 5% and sells the bond 1 year later at a YTM of 6%? A. 6.17% B. 4.02% C. 5.00% D.3.21% E. 6.00%
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