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Last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 30-year maturity. At the time of the

Last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 9.39%. If Janet sold the bond today for $1,063.50, what rate of return would she have earned for the past year?

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