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The nominal rate of retum is. 4. eamed by an investor in a bond that was purchased for 5984, has an annual coupon of 7%,

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The nominal rate of retum is. 4. eamed by an investor in a bond that was purchased for 5984, has an annual coupon of 7%, and was sold at the end of the year for $1014 ? Assume the face value of the bond is $1,000. tis Moving to another question will save this response. (2) Question 31 of 40

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