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Question 14 1 pts Investor buys a bond for $900. Bond pays $100 annual interest coupon Investor holds bond for 5 years, reinvesting each interest

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Question 14 1 pts Investor buys a bond for $900. Bond pays $100 annual interest coupon Investor holds bond for 5 years, reinvesting each interest coupon at 7% 5 years later investor sells the bond for $1120. What was the total return for the investor? (round your answer to 2 decimal places)

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