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You bought a bond for $950 1 year ago. You have received a coupon of $60. You can sell the bond for $977 today. What
You bought a bond for $950 1 year ago. You have received a coupon of $60. You can sell the bond for $977 today. What is your total dollar return?
A) $27
B) $60
C) $ 9.15
D) $87
E) $ 8.90
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