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You purchased a 14% annual coupon bond at face value and sold it one year later for $1110. What was your rate of return on

You purchased a 14% annual coupon bond at face value and sold it one year later for $1110. What was your rate of return on this investment if the face value at maturity was $1,000?

A. 22.5 %

B. 25 %

C. 11 %

D. 27.5 %

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