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A 8% coupon bond drops in price from $1,239 02 to $1,098.74 over one year. What is the rate of return? A. -5.6% B. 9.8%

A 8% coupon bond drops in price from $1,239 02 to $1,098.74 over one year. What is the rate of return?

A. -5.6%

B. 9.8%

C. -1.8%

D. -4.9%

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