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Ian bought a bond with an annual coupon of 7 percent one year ago for $976. The bond sells for $947 today. Assuming a $1000

Ian bought a bond with an annual coupon of 7 percent one year ago for $976. The bond sells for $947 today. Assuming a $1000 face value, what was your total dollar return on this investment over the past year? (Round two decimal)

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