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Exactly 7 years ago, you bought a $ 1 , 0 0 0 par value bond paying 6 % coupons on a semiannual basis for
Exactly years ago, you bought a $ par value bond paying coupons on a semiannual basis for $ Over the years, you reinvested the coupon payments and received a total of $ You believe you will be able to sell the bond today for $ What is the total annual return of your bond? Submit your final answer as a percentage rounded to two decimal places Ex
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