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If there is a 5 year bond with 10% coupon rate, which was purchased at $980 and sold at $1020 by end of year 4,
If there is a 5 year bond with 10% coupon rate, which was purchased at $980 and sold at $1020 by end of year 4, what is the investors yearly rate of return? How does it compare to coupon rate and YTM?
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