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Mark Crane purchased a corporate bond with a face value of $1,000 five years ago for $1,060. The bond pays 4.5 percent annual coupon interest.

Mark Crane purchased a corporate bond with a face value of $1,000 five years ago for $1,060. The bond pays 4.5 percent annual coupon interest. Five years later, he sold the bond for $950. Calculate the total return in dollars for Mr. Cranes bond investment.

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