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PLEASE SHOW CALCULATION TOOLS AND STEPS IN EXCEL What is the total return to an investor who buys a bond for $1,100 when the bond
PLEASE SHOW CALCULATION TOOLS AND STEPS IN EXCEL
What is the total return to an investor who buys a bond for $1,100 when the bond has a 9% coupon rate and five years remaining until maturity and then sells the bond after one year for $1,085?
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