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One year ago, you purchased a 6 percent coupon bond with a face value of $1000 when it was selling for 101.2 percent of par.
One year ago, you purchased a 6 percent coupon bond with a face value of $1000 when it was selling for 101.2 percent of par. Today, you sold this bond for 99.8 percent of par. What is your total dollar return on this investment? Show work
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Wealth Habits Six Ordinary Steps To Achieve Extraordinary Financial Freedom
Authors: Candy Valentino
1st Edition
1394152299, 978-1394152292
