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Suppose you buy a bond with a coupon of 9.4 percent today for $1,120. The bond has 5 years to maturity. a. What rate of

Suppose you buy a bond with a coupon of 9.4 percent today for $1,120. The bond has 5 years to maturity. a. What rate of return do you expect to earn on your investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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