Issue price of ($ 10,000) pays (3.5 %) annually, matures in 5 years. Find: a. the return
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Issue price of \(\$ 10,000\) pays \(3.5 \%\) annually, matures in 5 years.
Find:
a. the return on investment and
b. the annual return for the bond described. Round to two decimal places.
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