QUESTION 11 Suppose you buy a bond with a coupon of 7 percent today for $1,130. The bond has 9 years to maturity. Assume
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QUESTION 11 Suppose you buy a bond with a coupon of 7 percent today for $1,130. The bond has 9 years to maturity. Assume
QUESTION 11 Suppose you buy a bond with a coupon of 7 percent today for $1,130. The bond has 9 years to maturity. Assume interest payments are reinvested at the original YTM. What rate of return do you expect to earn on your investment? 1.2.587% 2. none of them 3.5.71% 4.5.17%