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Jean Miller purchased a $1,000 corporate bond for $925. The bond paid 8 percent annual interest. Three years later, she sold the bond for $1,025.

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Jean Miller purchased a $1,000 corporate bond for $925. The bond paid 8 percent annual interest. Three years later, she sold the bond for $1,025. Calculate the total return for Ms. Miller's bond investment. (Do not round intermediate calculations.) Total dollar return eBook

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