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Mark Crane purchased a $1,000 corporate bond five years ago for $1,030 . The bond paid 12.0 percent annual interest. Five years later, he sold

Mark Crane purchased a $1,000 corporate bond five years ago for \$1,030 . The bond paid 12.0 percent annual interest. Five years later, he sold the bond for $955. Calculate the total return for Mr. Crane's bond investment. ( Do not round intermediate calculations.)

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