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last year janet purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 15 year maturity. at the time of
last year janet purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 15 year maturity. at the time of the purchase it had an expected yield to maturity of 11.24%. if janet sold the bomd today for 1,072.73 what rate if return would she have earned for the past year?
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