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You purchased a bond for $925.00. The bond has a coupon rate of 5 percent, which is paid semiannualy. It matures in 14 years and

You purchased a bond for $925.00. The bond has a coupon rate of 5 percent, which is paid semiannualy. It matures in 14 years and has a par value of $1000. What is your expected rate of return?

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