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Yesterday you bought a five-year, $1,500 bond with a 5% coupon (paid annually) and a 5% yield to maturity. Today, the yield on similar risk
Yesterday you bought a five-year, $1,500 bond with a 5% coupon (paid annually) and a 5% yield to maturity. Today, the yield on similar risk bonds rose to 6%. If market interest rates remain at 6% until the bond matures, what return will you actually realize on your bond investment? Multiple Choice 4.52% O O 5.89% 6.29% O 5.09% O
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