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Determine the annual rate of return on a 20-year, 6.45 %, $80,000 coupon bond that was purchased one year ago for $78,000 and just sold
Determine the annual rate of return on a 20-year, 6.45 %, $80,000 coupon bond that was purchased one year ago for $78,000 and just sold for $77,225?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
