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A bond had a price of $1,945.63 at the beginning of the year and a price of $1,976.98 at the end of the year. The
A bond had a price of $1,945.63 at the beginning of the year and a price of $1,976.98 at the end of the year. The bond's par value is $2,000 and its coupon rate is 4.6 percent. What was the percentage return on the bond for the year? 6.76% 6.34% 5.55% 4.65%
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