P13.5 Jill invested $25 000 in the bonds of Industrial Ltd. She held them for 13 months,

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P13.5 Jill invested $25 000 in the bonds of Industrial Ltd. She held them for 13 months, at the end of which she sold them for $26 746. During the period of ownership she received $2000 interest. Calculate the HPR on Jill’s investment.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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