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Today, you buy a 12 year, 10% coupon bond for $980. One year later, you sell the bond when rates are 7%. What is your

Today, you buy a 12 year, 10% coupon bond for $980. One year later, you sell the bond when rates are 7%. What is your 1 year rate of return on this investment? Answer to 4 decimal places, for example 0.1043.

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