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You buy an 8% coupon, 20 -year maturity bond when its yield to maturity is 9%. A year later, the yield to maturity is 10%.

You buy an 8% coupon, 20 -year maturity bond when its yield to maturity is 9%. A year later, the yield to maturity is 10%. What is your rate of return over the year? You may answer in percent form without the % sign

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