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A bond has a face value of $1,000, is redeemable in eight years, and pays interest of $100 at the end of each of the

A bond has a face value of $1,000, is redeemable in eight years, and pays interest of $100 at the end of each of the eight years. If the bond can be purchased for $981, what is the rate of return if the bond is held until maturity?

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