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Question 13-15 are based on the following information Suppose you bought a bond with an annual coupon rate of 6.5 percent one year ago for
Question 13-15 are based on the following information Suppose you bought a bond with an annual coupon rate of 6.5 percent one year ago for $1,032. The bond sells for $1,050 today. What was your total nominal rate of return on this investment over the past year? 6.50% 7.00% O8.50% 10.00% None of the above
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