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James Mcculloch purchased a 20-year U.S. Treasury bond four years ago for $10,500. The bond paid 3.600 percent annual interest. Four years later he sold

James Mcculloch purchased a 20-year U.S. Treasury bond four years ago for $10,500. The bond paid 3.600 percent annual interest. Four years later he sold the bond for $10,600. (a) What is the annual in...

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