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An investor buys a 10-year bond for $950 (face value=$1,000). The Bond pays a 5 percent coupon paid semiannually. Suppose that the investor holds bond

An investor buys a 10-year bond for $950 (face value=$1,000). The Bond pays a 5 percent coupon paid semiannually. Suppose that the investor holds bond for 5 years, reinvesting each interest coupon at 7 percent. After 3 years, investor sells bond for $700. What was the investors total return?

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