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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 11-year semi-annual interest coupon bond one year ago. Its coupon rate was 7%, and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 6%. If you sold the bond after one year and the bond's yield to maturity had changed to 5% after one year, your annual total rate of return on holding the bond for that year would have been
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