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What is the rate of return for an investor who pays $1,054.47 for a five-year bond with a 6% coupon and sells the bond two

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What is the rate of return for an investor who pays $1,054.47 for a five-year bond with a 6% coupon and sells the bond two years later for $1,037.19? Assume that bond pays annual coupon payment. 5.00% 5.33% 4.89% 7.00%

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