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You purchase a General Electric corporate bond for $950. (The face value on the bond is $1,000.) The interest rate (coupon rate) is 7% paid

You purchase a General Electric corporate bond for $950. (The face value on the bond is $1,000.) The interest rate (coupon rate) is 7% paid annually at the end of the year. The bond matures in four years. What was your return (%)

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