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You buy an 8% annual payment coupon corporate bond today for $1,114.25 and sell it one year later for $1,085.25 after collecting the coupon. What
You buy an 8% annual payment coupon corporate bond today for $1,114.25 and sell it one year later for $1,085.25 after collecting the coupon. What was your one year nominal rate of return? a. 4.70% O b. 5.01% C. 4.95% d. 2.60% e. 4.58%
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