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What is the total rate of return on the bond?Consider a bond paying a coupon rate of 8.50% per year semiannually when the market interest

What is the total rate of return on the bond?Consider a bond paying a coupon rate of 8.50% per year semiannually when the market interest rate is only 3.4% per half-year. The bond has four years until maturity.

a.	Find the bond's price today and eight months from now after the next coupon is paid.

b. What is the total rate of return on the bond?

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