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Suppose you bought a bond with an annual coupon rate of 4.5 percent one year ago for $980. The bond sells for $1050 today. Assuming
Suppose you bought a bond with an annual coupon rate of 4.5 percent one year ago for $980. The bond sells for $1050 today. Assuming a $1,000 face value on the bond. What was your total dollar return on this investment over the past year? a. $35 b. $44 c. $115 d. $47.25 e. $95 Next pa
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