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Sakara Co. bonds are selling in the market for $975.These 13-year bonds pay 13 percent interest annually on a $1,000 par value. If they are

Sakara Co. bonds are selling in the market for $975.These 13-year bonds pay 13 percent interest annually on a $1,000 par value. If they are purchased at the market price, what is the expected rate of return?

The bond's expected rate of return is __ %.

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