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You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000 after 8 years.What rate of return do you
- You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000 after 8 years.What rate of return do you expect to earn?
- A.33.35%
- B.21.15%
- C.14.35%
- D.22.28%
- E.25.89%
- F.17.46%
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