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G4.1 Tara purchases a 20-year, 7.5 percent savings bond with a face value of $10,000 at a premium price of $11,000. She gets the dividend
G4.1 Tara purchases a 20-year, 7.5 percent savings bond with a face value of $10,000 at a premium price of $11,000. She gets the dividend paid yearly. Determine the rate of return on the bond if the bond is kept till maturity. 6.59% None of the provided answers 2.38% 4.22% 5.33%
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