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ASAPPPPP!!!! Suppose you bought a $1.000 face value bond with a coupon rate of 4.8 percent one year ago. The purchase price was $983.7. You

ASAPPPPP!!!!

Suppose you bought a $1.000 face value bond with a coupon rate of 4.8 percent one year ago. The purchase price was $983.7. You sold the bond today for $990.7. If the infation rate last year was 1.7 percent, what was your exact reat rate of return on this imvestment? Instraction: Enter your response as a percentage with two decimal places You mav put negative sions if necessary

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