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Matthew is no longer pleased with the performance of his Canadian corporate bond. He has decided to sell the seven-year bond three years early. He
Matthew is no longer pleased with the performance of his Canadian corporate bond. He has decided to sell the seven-year bond three years early. He purchased the bond for $1510.00, and is selling it for $680.00; the coupon payment has remained the same at $66 annually. What is the return on investment on the bond if he sells it? O-20.44 percent O 37.48 percent O-12.14 percent 8.30 percent
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