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1. we buy a 6% bond for $850 and sell it in 3 years for $950. We invest the $30 we receive every 6 months

1. we buy a 6% bond for $850 and sell it in 3 years for $950. We invest the $30 we receive every 6 months at a 5% semiannual rate. Compute the annual rate of your investment.

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