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Question: You need to achieve HPR of at least 8%. You are analyzing a 9 year bond that has an 8.5% current yield and an 8.5% semi-annual coupon. In 1 year, promised yield has risen to 9.5%. Would this bond make a good investment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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