An investor purchased a bond for $980, received $75 in interest, and then sold the bond for

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An investor purchased a bond for $980, received $75 in interest, and then sold the bond for $950 after holding it for seven months. What is the holding period return?

a. 4.6%.

b. 4.7%.

c. 4.8%.

d. 4.9%.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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Question Posted: Sep 12, 2024 07:02 AM

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An investor purchased a bond for $980, received $75 in interest, and then sold the bond for

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Fundamentals Of Financial Planning

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