You purchase a 10-year bond at face value for $1,000.It pays a semi-annual coupon payment of $50.If you can reinvest the coupon payments at 8% annually, what is your expected total return?
A)5.73%
B)6.63%
C)7.53%
D)8.43%
E)9.33%

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The Answer of You purchase a 10-year bond at face value for $1,000.It pays a semi-annual coupon payment of $50.If you can reinvest the coupon payments at 8% annually, what is your expected total return?
A)5.73%
B)6.63%
C)7.53%
D)8.43%
E)9.33%

You Purchase a 10-Year Bond at Face Value for $1,000