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Assume you purchased a fixed coupon bond for $838.78. After 7 years, you have accumulated a terminal wealth of $1,455. What was your actual return

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Assume you purchased a fixed coupon bond for $838.78. After 7 years, you have accumulated a terminal wealth of $1,455. What was your actual return on this bond? Hint: this is a PV, FV solve for rate question. Multiple Choice 7.72% 14.99% O 11.23% o 8.19%

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