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Suppose you bought 10 bonds exactly 8 years ago. The bonds have a face value of $1,000 and a coupon rate of 5.6%. You bought
Suppose you bought 10 bonds exactly 8 years ago. The bonds have a face value of $1,000 and a coupon rate of 5.6%. You bought them at a price of $976.34 each. Today, they are selling for $945.61 each. What is the percentage return on your investment? 42.74% 9.17% 6.02% 36.15%
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