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b. What is the bond price at 10 percent? Bond price c. What would be your percentage return on the investment if you bought when
b. What is the bond price at 10 percent? Bond price c. What would be your percentage return on the investment if you bought when rates were 12 percent and sold when rates were 10 percent? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
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