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Assume that you purchased the bond at the price determined in #1. Now you sell the bond for $1,120. Assume you receive the second year's

Assume that you purchased the bond at the price determined in #1. Now you sell the bond for $1,120. Assume you receive the second year's interest payment on the sale date. What is your rate of return on this investment? You must use a financial calculator to compute this return and round your answer to the nearest tenth of a percent. Assume the bond face value is $1,000.

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