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One year ago, you purchased a 7 percent coupon bond with a face value of $1,000 when it was selling for 104 percent of par.

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One year ago, you purchased a 7 percent coupon bond with a face value of $1,000 when it was selling for 104 percent of par. Today, you sold this bond for 102.5 percent of par. What is your total dollar return on this investment? $100 $70 $85 $55 $15

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