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Compute the total and annual returns on the following investment. You pay $5800 for a municipal bond. When it matures after 18 years, you receive

Compute the total and annual returns on the following investment. You pay $5800 for a municipal bond. When it matures after 18 years, you receive $11,400. Question content area bottom Part 1 The total return is enter your response here%. (Do not round until the final answer. Then round to one decimal place as needed.)

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