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QUESTION 16 You purchase a discount bond with a face value of $1,000 at a price of $825. The bond has one year to maturity.

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QUESTION 16 You purchase a discount bond with a face value of $1,000 at a price of $825. The bond has one year to maturity. Calculate the rate of return on your investment at maturity in %. Please round to the nearest tenth of a percent.....e 9.3

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