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7. You purchased a bond for $900 one year ago. Today, you receive your only interest payment for the year of $100. The bond can
7. You purchased a bond for $900 one year ago. Today, you receive your only interest payment for the year of $100. The bond can currently be sold for $975. What is your total percentage return on investment? Ignore tax effects. A. 8.3% B. 1 1. 1% C. 18.0% D. 19.4% E. 23.8%
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Management Accounting
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
7th Edition
978-1760421144, 1760421146
