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Cson HP Problem 7-21 (similar to (Beholders' expected rate of return) Zenith Co's bonds mature in 16 years and pay 8 percent interest annually If

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Cson HP Problem 7-21 (similar to (Beholders' expected rate of return) Zenith Co's bonds mature in 16 years and pay 8 percent interest annually If you purchase the bonds for $825, what is your expected Tale of retum? Your expected rate of retum is 3 (Round to two decimal places)

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