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Business, 29.04.2021 01:00 tayjohn9774

last year, a company issued a 15-year annual coupon at par value with a yield to maturity of 9.20%. The current yield to maturity has increased to 9.50%. Investors anticipate another increase in yield to maturity over the next 12 months to 9.80%. If the investors forecast accurately, what will be the rate of return on an investment in this bond over the next year

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