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(Expected rate of return) Assume you own bond with a market value of $820 that matures in 7 years. The par value of the bond

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(Expected rate of return) Assume you own bond with a market value of $820 that matures in 7 years. The par value of the bond is $1,000. Interest payments of $30 are paid semiannually. What is your expected rate of return on the bond

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