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What is the ( nominal ) rate of return for an investor who pays $ 1 , 0 1 0 for a 4 - year

What is the (nominal) rate of return for an investor who pays $1,010 for a 4-year bond with a face value
of $1,000 and a coupon rate of 12% with quarterly payments, and sells the bond 17 months later for
$1,050?
A.15.84%
B.18.81%
C.3.96%
D.21.78%
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