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1. Jack Welch bought a bond at $980 and sold it for $ 1001 after a year. He received a coupon payment of $ 40

1. Jack Welch bought a bond at $980 and sold it for $ 1001 after a year. He received a coupon payment of $ 40 in that you. What is his rate of return on his bond investment? 6.22% b.4.08% c. 2.14% d 4.00% e Need more information

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