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You purchased a 6 % annual coupon bond at face value and sold it one year later for $ 1,016.16 . What was your rate

You purchased a 6 % annual coupon bond at face value and sold it one year later for $ 1,016.16 . What was your rate of return on this investment if the face value at maturity was $ 1,000 ? ____% 5 decilmal answer only

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