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James buys a three - year bond with $ 1 , 0 0 0 face - value and 1 0 % coupon rate for $

James buys a three-year bond with $1,000 face-value and 10% coupon rate for $1,000 today. If one year later the market interest rate increases to 15% and James sells the bond, then his rate of return on this investment is ________%(negative if it is a loss).
Question 17Select one:
A.
-8.1
B.
-5
C.
1.9
D.
4.3

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