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Suppose you buy a bond from China with 6% coupon rate and a face value of Chinese Yuans 1,000. If the initial bond price is
Suppose you buy a bond from China with 6% coupon rate and a face value of Chinese Yuans 1,000. If the initial bond price is Chinese Yuans 760, the end of period bond price is (sold at) Chinese Yuans 1,198, and the Chinese Yuan depreciates 15% against the dollar during the period, then what should be the bond's total dollar return during the period (approximately)?
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48.84%
40.70%
none of the answers is correct
50.70%
52.56%
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