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multiple choices 8.56% 10.44% 9.79% 3.63% 5.80% A bond had a price of $946.44 at the beginning of the year and a price of $982.07
multiple choices 8.56% 10.44% 9.79% 3.63% 5.80%
A bond had a price of $946.44 at the beginning of the year and a price of $982.07 at the end of the year. The bond's par value is $1,000 and its coupon rate is 5.7 percent. What was the percentage return on the bond for the yearStep by Step Solution
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
