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You purchased a 6 - year annual - interest - oupon bond 3 year ago. Its coupon interest rate was 9 % , and its
"You purchased a year annualinterest oupon bond year ago. Its coupon interest rate was and its par value was $ At the time you purchased the bond, the yield to maturity was If you sold the bond today after years from purchasing it and the bond's yield to maturity had changed to your annual total rate of return on holding the bond for that year would have been approximately
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