Three years ago you bought an original 3M 10-year semi-annual bond with a coupon of...
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Three years ago you bought an original 3M 10-year semi-annual bond with a coupon of 7% and par value of $1,000. Today similar bonds yield 10% and the bond is currently selling for $850 (an 18% discount). How much can you expect to receive from 3M each year for as long as you hold the bond? O $50 $35 O $100 O $70
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