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1. You buy a bond with 3 years left to maturity and a yield to maturity of 6% for $920. After 1 year you

 

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1. You buy a bond with 3 years left to maturity and a yield to maturity of 6% for $920. After 1 year you receive a coupon payment of $30 and sell the bond for $940. What was your rate of return on the bond? Question options: a. b. 1.05% 2% C. 5% d. 5.43% 3% 2. You buy a stock for $45. The following year you sell it at again at $45 plus $0 and you receive a dividend of 7. Your rate of return was: Give your answer with two decimals and with no $ or %. Note for instance that 10% = 0.1 = 10 should be written as 10.00. Edit

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