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You are interested in buy a 7% annual coupon bond with 22 years to maturity and a $1000 par value. Currently bonds like this are

You are interested in buy a 7% annual coupon bond with 22 years to maturity and a $1000 par value. Currently bonds like this are yielding 6.25%. You intend to sell the bond in 4 years. At this point you expect the discount rate to have decreased to 5.5%. What will be your yield over the 4-year period if your assumptions are correct?

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