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You buy a 30-year, 10% annual coupon bond for $1,769, hold it for 1 year, and then sell it for $1,757. What was your rate
You buy a 30-year, 10% annual coupon bond for $1,769, hold it for 1 year, and then sell it for $1,757. What was your rate of return (par = $1,000)? Round to the whole number
| A. | 5% | |
| B. | 11% | |
| C. | 10% | |
| D. | 12% |
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
