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A corporate bond that you own at the beginning of the year is worth $875. During the year, it pays $45 in interest payments and
A corporate bond that you own at the beginning of the year is worth $875. During the year, it pays $45 in interest payments and ends the year valued at $865. |
What was your dollar return and percent return? (Round your percent return answer to 2 decimal places.) |
Dollar return | $ | |
Percent return | % | |
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