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Assume your bond portfolio had an annual coupon of 6.5% and a par value of $100. The market value ended the year at $85 and

Assume your bond portfolio had an annual coupon of 6.5% and a par value of $100. The market value ended the year at $85 and started the year at $84.

What is your portfolio's total return for the year?

		-2.41%%
		6.95%
		8.929%
		-1.2%

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