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Suppose an investor buys a Japanese bond with a coupon rate of 10% at its price of 1,100. The bonds face value is 1,000. At
Suppose an investor buys a Japanese bond with a coupon rate of 10% at its price
of 1,100. The bonds face value is 1,000. At the end of the year, the bond is selling at 1,050
and the has depreciated by 10%. What is the dollar return on the bond at the end of the year?
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