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Suppose that you just bought a four-year $1,000 coupon bond with a coupon-rate of 6.2% when the market interest rate is 6.2%. You sell the

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Suppose that you just bought a four-year $1,000 coupon bond with a coupon-rate of 6.2% when the market interest rate is 6.2%. You sell the bond one year later after the market interest rate falls to 4.2% The rate of return earned on the bond during the year was \%. (Round your response to two decimal places.)

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