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Suppose you bought a bond with an annual coupon rate of 7 percent one year ago for $900. The bond sells for $935 today. Assuming

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Suppose you bought a bond with an annual coupon rate of 7 percent one year ago for $900. The bond sells for $935 today. Assuming a $1,000 face value, what was your total nominal rate of return on this investment over the past year? 10.56% O 11.11% O 11.67% O 12.78% O 12.22%

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