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The nowinal rate of return is Weamed by an imestor in a bond that was purchased for $973, has an aninual coupon of 8% and

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The nowinal rate of return is Weamed by an imestor in a bond that was purchased for $973, has an aninual coupon of 8% and was sold at the end of the year for $1014 ? Assume the face wilue of the bond is $1,000

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