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Jean Miller purchased a $1,000 corporate bond for $950. The bond paid 11 percent annual interest. Three years later, she sold the bond for $1,045.

Jean Miller purchased a $1,000 corporate bond for $950. The bond paid 11 percent annual interest. Three years later, she sold the bond for $1,045. Calculate the total return for Ms. Millers bond investment.

		$425
		$420
		$450
		$395

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