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30 December, 09:48

Suppose you purchase a 20-year treasury bond with a 6% annual coupon ten years ago at par. Today the bond's yield to maturity has risen to 8%. If you hold this bond to maturity, the internal rate of return you will earn on your investment will be closest to:

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  1. 30 December, 12:42
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    Answer will be - 6.0%
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