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Calculate the average rate of return for an investor who buys a bond for $800 at time t, sells it for $840 at time t+1,

Calculate the average rate of return for an investor who buys a bond for $800 at time t, sells it for $840 at time t+1, and there was a coupon payment of $30 during this time. Use the logarithm formula.

6.39%

7.39%

8.39%

9.39%

which one is it

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