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An investor buys a 5-year $1,000,9% coupon bond for $975, holds it for 1 year, and then sells the bond for $985. What was the
An investor buys a 5-year $1,000,9% coupon bond for $975, holds it for 1 year, and then sells the bond for $985. What was the investor's rate of return? 10.26% 9.23% 9.00% 10.15%
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