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An investor buys a 5 - year, 8 % coupon bond for $ 9 7 5 , holds it for 1 year, and then sells

An investor buys a

5 -

year,

8 %

coupon bond for $

975,

holds it for

1

year, and then sells the bond for $

985 .

The investor's rate of return is

_________%

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