Suppose an investor is considering purchasing a 5-year 9% coupon (semi-annually paid) bond selling at...

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Finance

Suppose an investor is considering purchasing a 5-year 9% coupon (semi-annually paid) bond selling at par and holding the bond until the maturity. The investor expects that she can reinvest the coupon payments at an annual interest rate of 9%. What is the total return for this bond? Group of answer choices 9.0% 8.7% 9.3% 8.0%

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