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You purchased an 1 1 - year semi - annual interest coupon bond one year ago. Its coupon rate was 7 % , and its
You purchased an year semiannual interest coupon bond one year ago. Its coupon rate was and its par value was $ At the time you purchased the bond, the yield to maturity was If you sold the bond after one year and the bond's yield to maturity had changed to after one year, your annual total rate of return on holding the bond for that year would have been
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