Question: Jed is considering purchasing a 11 % bond that has 9 years to maturity. Jed's required return on the bond is 10.1 % and he

Jed is considering purchasing a 11 % bond that has 9 years to maturity. Jed's required return on the bond is 10.1 % and he has been offered the bond at a price of $1,124. What excess return does the bond offer Jed? O-1.14% 0.90% -0.90% -2.04% 1.14% 2.04%

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