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Part II. Calculating interest rates (answers to be rounded to three decimal places) What is the interest rate or the rate of return in each

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Part II. Calculating interest rates (answers to be rounded to three decimal places) What is the interest rate or the rate of return in each case? 1. Deposited $2,000 at a bank and received $5 in interest one year later: %. 2. Bought a bond for $10,000 and received a semiannual coupon of $120 : %

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