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Altus Investment Ltd has just bought a bond with 10-year maturity and a face value of $100. The coupon rate is 6%, paid annually. Assume

Altus Investment Ltd has just bought a bond with 10-year maturity and a face value of $100. The coupon rate is 6%, paid annually. Assume the required yield to maturity is 6%. A year later, Altus sold the bond when the yield to maturity is 5%. What is the return on this investment?

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