If you purchase a $1000 par value bond for $1025 that has a 6 3/8% coupon rate and 18 years until maturity, what will be your annual return?

If you purchase a $1000 par value bond for $1025 that has a 6 3/8% coupon rate and 18 years until maturity, what will be your annual return?

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If you purchase a $1000 par value bond for $1025 that has a 6 3/8% coupon rate and 18 years until maturity, what will be your annual return?

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