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Karvonen Inc. has bonds outstanding with a par value of $ 1 , 0 0 0 , and a current market value of $ 1
Karvonen Inc. has bonds outstanding with a par value of $ and a current market value of $ The annual coupon rate on these bonds is and they mature in years. If investors investing in these bonds receive semiannual interest payments, what is their annual holding period return?
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