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macro recently acquired a bond valued at 1,100 with a 4.18% coupon rate bought at par. if he sells it one year later for $86

macro recently acquired a bond valued at 1,100 with a 4.18% coupon rate bought at par. if he sells it one year later for $86 above the purchase price what is the rate of return in percentage.

answer should be rounded to Two decimals

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