You purchase a 7 percent 1000 bond with a term of ten years
You purchase a 7 percent $1,000 bond with a term of ten years and reinvest all interest payments. If interest rates rise to 10 percent after you purchase the bond what is the return on your investment in the bond?
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you purchase a 7 percent 1000 bond with a term of ten years and reinvest all interest payments if interest rates rise
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