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last year Janet purchased a $ 1 , 0 0 0 face value corporate bond with a 1 0 % annual coupon rate and a

last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 20-year maturity at the time of the purchase it had an expected yield to maturity of 11.15% if Janet sold the bond today for $928.51 what would what rate of return would she have earned for the past year do not round intermediate calculations round your answer to two decimal places

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