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Question 28 1 points Save Answer The nominal rate of return is % earned by an investor in a bond that was purchased for $967,

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Question 28 1 points Save Answer The nominal rate of return is % earned by an investor in a bond that was purchased for $967, has an annual coupon of 9%, and was sold at the end of the year for $1016? Assume the face value of the bond is $1,000

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