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if an investor bought a 6% annual coupon bond for $1020 and sold it 2 years later for $1080, the annual rate of return on

if an investor bought a 6% annual coupon bond for $1020 and sold it 2 years later for $1080, the annual rate of return on her 2-year investment will be

a)10.65%

b)17.65%

c)11.76%

d)8.47%

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