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Suppose a bond had a price of $1090 at the beginning of the year, paid a coupon of $63 during the year, and had a
Suppose a bond had a price of $1090 at the beginning of the year, paid a coupon of $63 during the year, and had a price of $1098 at the end of the year. What is the percentage return on this bond over the year?
Group of answer choices
4.48%
6.13%
6.93%
6.51%
5.58%
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